Constellation Brands Inc. (STZ) shares got a nice boost Thursday, rising 4.66% to $147.57, after the Trump administration essentially told health officials to ease up on the alcohol warnings.

Here's what happened: Last spring, officials at the U.S. Department of Health and Human Services drafted a proposal that would have cut the recommended alcohol limit for men from two drinks a day down to just one. Their reasoning? Cancer risks. The draft claimed that reducing intake to one drink or less per day could save thousands of lives annually.

"Alcohol is known to cause cancer," the officials wrote in their proposal, according to Reuters. The group was working on updating alcohol recommendations for the 2025-2030 Dietary Guidelines for Americans.

But when the Trump administration released its new guidelines Wednesday, those specific limits were nowhere to be found. Instead of hard numbers, the guidance simply advises Americans to drink less for better health. This effectively scraps a 35-year recommendation that men limit themselves to two drinks per day and women to one.

Public health experts aren't thrilled, warning that vaguer guidelines could encourage more drinking and potentially lead to increases in alcohol-related illness and death. Investors in alcohol companies, on the other hand, seem quite pleased with the development.