Canopy Growth’s quiet co-CEO on the pot company’s ambitions in the U.S. and more

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 70 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 97%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Canopy Growth’s quiet co-CEO on the pot company’s ambitions in the U.S. and more:

SMITHS FALLS, Ontario — Canopy Growth Corp. co-Chief Executive Bruce Linton rarely declines an opportunity to talk with the news media, often making dozens of appearances in a day.“Somebody has to get all the attention, and somebody has to do all the work,” Zekulin jokes.

And in turn, If you look at the organizational chart of Canopy Growth, most of the functions at the company run through me. So that’s the day-to-day of getting licenses here, and that product sold over there, so whatever that is falls to me. One of the other pieces is international expansion. There are markets around the world that are all opening up. They are mostly medical versus recreational. There is building the people infrastructure, the physical infrastructure which have to grow to produce and sell products there.

Zekulin: The bottling plant [at our Smiths Falls headquarters], it’s the combination of a couple of worlds coming together. They have built bottling plants, they know how to do that. The teams collectively worked together to estimate demand, we’re building these products, we’re marketing, we’re figuring out whether it should go in a can or a bottle, what the brand name should be and all of that type of stuff.

Zekulin: The point of the Acreage deal is that we can help them. Even after the deal closes, they’re their own company and we can’t tell them what to do. But we can do licensing deals. We have great brands that we can make available. We have great intellectual property that underscores those brands. Through that arrangement, there is a good way for us to give them the tools they need to execute our brands and therefore be successful.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

I need a broker that’s not gonna charge me equal to what I’m trying to invest

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 3. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Canopy Growth leads cannabis stocks higher after GMP upgrades to buyCannabis stocks were mostly higher on Monday, with Canopy Growth Corp. enjoying gains after two bullish analyst notes and CannTrust Holdings Inc. falling on...
Källa: MarketWatch - 🏆 3. / 97 Läs mer »