Bruce Linton is the founder and former CEO of Canopy Growth Corp (WEED, CGC), the largest cannabis company in the world. Under Linton’s guidance Canopy grew from a market cap of $500 million to more than $12 billion, making Linton one of the most successful CEOs in the history of the stock market.
Yesterday Linton revealed his next moves in the cannabis industry, accepting advisor positions with three companies:
- Gage Cannabis USA: Michigan dispensary chain.
- Better Choice Company (OTC: BTTR): CBD products for pets.
- Mind Medicine: medical psychedelics.
Continue “Former Canopy CEO Betting Big on these Two Cannabis Leaders”
The outlook for the US cannabis industry has never looked better. A recent report from Nielson, an industry-leading research firm, predicts enormous sales growth in the next five years.
In 2018, we estimate that total sales of all legalized cannabis in the U.S. reached $8 billion. With newer recreational markets such as Michigan and Illinois opening up for business in 2020 and more states likely to follow suit, we predict that sales of all legalized cannabis in the U.S. will reach $41 billion by 2025.
Continue “Investing in Marijuana – Back to the Basics”
Canadian cannabis companies are investing millions to develop e-commerce stores that will eventually help them sell billions in cannabis products in Canada and all across the world.
However, developing and managing a global e-commerce platform isn’t exactly the easiest thing to do. It has taken Amazon more than 20 years to develop into a world-class e-commerce company. Continue “Tech Stock Up 160% in 12 Months for Taking Canada’s Cannabis Industry Online”
