Canopy Growth Corp (WEED)

[Wo]

Canopy Growth CEO: We're not the Amazon or Google of pot yet, but we want to be
Canopy Growth is well ahead of its rivals in becoming the leading brand in legal marijuana but still needs to improve, says CEO Bruce Linton.
"Maybe that mentality is what's got us ahead of the pact," he says.
Earlier this month, alcohol giant Constellation Brands announced an additional $4 billion stake in Canopy Growth.
Berkeley Lovelace Jr. | @BerkeleyJr
Published 43 Mins Ago Updated 5 Mins Ago
https://www.cnbc.com/2018/08/31/canopy-growth-ceo-bruce-linton-we-want-to-be-amazon-or-google-of-pot.html

Canopy Growth CEO Bruce Linton told CNBC Friday the cannabis company is well ahead of its rivals in becoming the leading brand in legal marijuana but still needs to improve.

"When I need to find information, I use Google. When I think about web services, I use Amazon," said Linton, whose Canada-based company has partnered with names such as Snoop Dogg and alcohol leader Constellation Brands.

"There's going to be a dominate leading company and we are not that yet," Linton added in a "Squawk Box" interview.

Linton said the team at Canopy Growth, Canada's largest medical marijuana producer, is "very dissatisfied" but added the company is working hard each day to improve. "Maybe that mentality is what's got us ahead of the pact," he added.

Marijuana stocks have been booming recently as investors await the legalization of recreational marijuana in Canada in October. Canopy Growth has seen its shares rise more than 500 percent over the last year.

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https://www.cnbc.com/2018/08/31/canopy-growth-ceo-bruce-linton-we-want-to-be-amazon-or-google-of-pot.html