It was Golden State’s first championship in 40 years, and the team has won two more championships since then, creating a dynasty.
And that’s the situation we have here. The management team at Constellation – which is the best in the world in any industry – will be picking the team that will get Canopy to the next level of success. I’m comfortable with that, and I’m perplexed by those who are not.
I still think Canopy will be the dominant player in the global cannabis market, and that’s why I refer to it as the “Microsoft of Cannabis.” At the very least, there’s a possibility that the new CEO will make better use of Canopy’s cash hoard than Bruce.
Constellation’s management wasn’t pleased to see a company with nearly $4 billion in cash issue so many shares for acquisitions and for employee compensation.
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