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Rewind: Jim Cramer's Take on Cannabis and the Cloud

Jim Cramer's talks about Constellation, Tilray and CyrusOne.

Take a hit of this.

The Street founder and Action Alerts Plus portfolio manager Jim Cramer is bullish on both cannabis and the cloud. 

Merger Between Cloudera and Hortonworks

At the New York Stock Exchange, Cramer took a look into the cloud, specifically the merger between Cloudera (CLDR) - Get Cloudera, Inc. Report and Hortonworks (HDP) - Get Hortonworks, Inc. Report

The companies announced the merger on Wednesday night after the market closed. 

Constellation Earnings

Cramer also looked at Constellation Brands (STZ) - Get Constellation Brands, Inc. Class A Report and its move into the cannabis industry. 

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Constellation announced earnings early on Thursday morning, beating on top and bottom lines. The beer maker was up 4.6% in afternoon trading. 

Constellation is planning to invest $4 billion into Canopy Growth Corp. (CGC) - Get Canopy Growth Corporation Report to create cannabis-infused beverages. 

For more on Constellation Brands, visit Real Money, where it is the featured stock of the day


Cramer recapped his interview with CyrusOne's (CONE) - Get CyrusOne Inc. Report CEO, Gary Wojitaszek. 

"Wojtaszek explained that 60% of CyrusOne's investors are real estate investors, which means any time interest rates rise, bonds become an attractive alternative to owning a REIT. That said, Wojtaszek noted that the secular trends in their industry far outweigh any downside from interest rates," TheStreet's Scott Rutt wrote in his Mad Money recap. 

To be a profitable investor and build long-term wealth, you need the right information and techniques. Join TheStreet Oct. 13, 2018 for a special investing event for sophisticated and active traders. Register for "Invest Like the Pros: Jim Cramer's Boot Camp for Investors" here.

A good portion of the conference will be devoted to investing in cannabis. Cramer will talk exclusively with Canopy Growth (CGC) CEO Bruce Linton and Bill Newlands, president and COO of cannabis/alcohol player Constellation Brands (STZ - Get Report) .