The Financial Post reports in its Tuesday, April 5, edition that Constellation Brands' controlling family proposed relinquishing some of its voting power, which could make the Corona beer maker more flexible for deals. A Bloomberg dispatch to the Post reports that the Sands family has proposed that each share of Class B common stock be converted into 1.35 shares of Class A common stock, a company statement on Monday said. The family would continue to be the company's largest shareholder, but its voting power would be cut to 19.7 per cent from 59.5 per cent, according to a separate regulatory filing. The family said its proposal was not made in connection with any other corporate transaction. Constellation, based in Victor, N.Y., has been expanding its beer business while emphasizing acquisitions of premium-priced alcoholic beverage brands. A special committee will evaluate the proposal. Constellation Brands has also expanded into the weed business, holding a controlling interest in Canopy Growth.