We do know there was a small window of time between Constellation Brands investment in Canopy Growth and Bruce Linton’s exit. This leaves us to believe Constellation Brands knew they were going to remove Bruce Linton when they invested in Canopy Growth or they didn’t do proper due diligence, or they really didn’t understand the Cannabis industry and its key metrics. Either way, industry companies need to be hesitant or more reserved regarding deals with outsiders (non-industry companies and investors). How ironic that outsiders are so thirsty
for Cannabis revenue, when they
didn’t have to travel through the
legislative desert.
After a summer of reflection and research, Linton is back, ready to lead the industry again.
“My non-compete applies to Canada only and Cannabis in Canada only,” Linton said. He noted this gave him the opportunity to explore business opportunities elsewhere across the globe, including in the 60 countries where Cannabis has been legalized in some form.
Linton has been reviewing companies to understand their potential and narrowed the field to two or three cannabis-based companies he is preparing to make a move on. While not yet prepared to make a formal announcement, he will do so shortly.