- Canopy Growth became the first marijuana stock to trade on the New York Stock Exchange, quickly racking up a market value of nearly $6 billion.
- Business Insider spoke with its CEO, Bruce Linton, about what's changed since he entered the industry nearly a decade ago.
- He said the opioid crisis has people looking more skeptically at pharmaceutical companies.
- His company recently garnered a huge investment from a major alcohol maker — something he says has competitors racing to catch up.
- Canopy Growth doesn't yet operate in the US because of legal issues — and Linton doesn't see that changing anytime soon.
- Watch Canopy Growth trade in real time here.
Bruce Linton says he's the "world's biggest legal-weed dealer."
Drop one very important word — "legal" — from the chief executive's title and that meaning changes drastically.
See the rest of the story at Business Insider
NOW WATCH: A diehard Mac user switches to PC
See Also:
- The ugliest building in every US state, according to people who live there
- Archaeologists opened a mysterious black sarcophagus found in Egypt — and they discovered a gruesome scene
- A 7-year-old boy is making $11 million a year on YouTube reviewing toys
SEE ALSO: Millennial investors are flocking to the first marijuana company to hit the New York Stock Exchange
from Business Insider https://ift.tt/2uOSVaZ
No comments:
Post a Comment