Bruce Linton Archives - Cannabis Business Executive - Cannabis and Marijuana industry news

Over 500 Deals Pitched To $200m UK Cannabis Fund

NEWLY-LAUNCHED legal medicinal cannabis fund Verdite Capital plans to make its first investments in the spring of 2021 – with team members having already considered over 500 deals in the sector. It is close to securing $75m from a UK-based multi-family office…

Cannabis giants, formerly of Canopy Growth, band together to build out U.S. hemp supply chain

Three titans of the North American hemp industry announced Monday that they had joined forces to build out the U.S. hemp supply chain. Geoff Whaling is the Pennsylvania-based chairman of the National Hemp Association who is credited with launching the…

Marijuana Stocks: Former Canopy Growth CEO Joins Forces With U.S. Multistate Firm

Former Canopy Growth (CGC) CEO Bruce Linton on Thursday was named the executive chairman of Vireo Health, a science-focused cannabis outfit with operations in multiple U.S. states, marking the latest move from the executive after his ouster from the weed giant…

Martha Stewart distances herself from ‘cannabis’ ahead of CBD product launch

Martha Stewart commands a massive audience when she cooks, decorates, gardens and appears on television with Snoop Dogg. But the 77-year-old food and lifestyle guru has been tight-lipped about her personal use of cannabis. That took on greater meaning after…

Canopy Growth to Build First U.S. Hemp Plant in New York State

Canopy Growth Corp. will spend as much as $150 million to build its first production facility in the U.S. after the Canadian cannabis company was granted a hemp license by New York state. The U.S. farm bill legalized hemp and…

Canopy Rivers Announces $80 Million Bank Debt Facility at PharmHouse

January 9, 2019
Press Release
Banking, Finance & Real Estate, Press Releases
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PRESS RELEASE TORONTO, Jan. 07, 2019 (GLOBE NEWSWIRE) -- Canopy Rivers Inc. (“Canopy Rivers” or the “Company”) (TSXV: RIV) today announced that its 49%-owned joint venture PharmHouse Inc. (“PharmHouse”) has entered into a syndicated credit facility (the “Credit Facility”) with…

Canopy Growth CEO says ‘For sure there’s a marijuana bubble’

November 15, 2018
AggregatedNews
Banking, Finance & Real Estate, Industry People
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Canopy Growth Corporation saw its shares fall 13% on Wednesday after reporting disappointing earnings that included a revenue decline. Analysts had expected better results from Canopy after Canada launched legal recreational marijuana sales on Oct. 17. But Canopy’s (CGC) shares…

Pot stocks rally after Canopy Growth buys US hemp researcher to help it grow marijuana better

October 16, 2018
AggregatedNews
Banking, Finance & Real Estate, Science and Technology
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Marijuana stocks rally after one of Canada's biggest cannabis companies announces it has agreed to acquire a U.S.-based hemp company. Marijuana stocks rallied Monday after one of the largest Canadian cannabis companies announced that it has agreed to acquire a…

With an ever Growing Footprint and War Chest, How Will Bruce Linton Lead Canopy Growth Corporation into the Future?

September 11, 2018
Rob Meagher
Company Stories, Multiple State Operators, Spotlight
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About a month ago, the news of the day was equivalent to an 8 plus earthquake on the seismic scale measuring the progress of the Cannabis Industry worldwide when Constellation Brands invested roughly $5 Billion ($4B USD), yes, with a…

OOOO…(what a week it was) CANADA, “our home and native land. True patriot love in all of us command”

What started out as just another one of those long conference weeks morphed into the "Brave New World of Cannabis" with the Tuesday morning announcement of Constellation Brands $5 Billion Canadian dollar (yes with a B not an M) investment…

Constellation Brands to invest $5-billion to boost stake in Canopy Growth

Constellation Brands has signed a deal to invest $5-billion in Canopy Growth Corp. to increase its stake in the marijuana company to 38 per cent and make it its exclusive global cannabis partner. Under the agreement, Constellation, a global producer…

Pot Candies, Vaping Snuffed Out for Now in Canadian Legalization

Missing segment means continued life for black market, Rules for edibles and other products not due until 2019 A key segment of Canada’s marijuana industry will remain banned for up to a year after the drug becomes legal for recreational use…

Canada’s medical pot companies aim to grow export business

Canada’s licensed medical cannabis producers are searching for opportunities to expand overseas while Ottawa works on its plan to legalize recreational marijuana next spring, with two producers recently securing licences to sell their products in Europe. The latest company to…