Constellation Brands Inc (STZ)

[TREND1]

Canopy Growth Grows Too Big For Its Founders
Jul. 7, 2019 4:13 PM ET|
Summary

Canopy Growth Corporation is the largest publicly traded cannabis company in the world, with Constellation Brands as a major investor.

Canopy just terminated the company’s co-founder and co-CEO Bruce Linton.

This termination is likely part of Constellations clearly telegraphed takeover of Canopy.

This move is a probable sign of Canopy maturing, including taking on a more traditional management structure that will focus on operations and logistics upon this market leader.