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Canopy Growth Corp (TSE:WEED) CEO Bruce Linton Discusses Rec Growth
Canopy Growth Corp (TSE:WEED) (NYSE:CGC) (FRA:11L1) CEO Bruce Linton shares details of the company’s 2019 strategy. Linton discusses the significance of the infused beverage market and the clear advantage Canopy Growth has over its competitors as it draws on Constellation’s formidable beverage experience. Linton explains why the company’s deal with established German manufacturer Storz & Bickel is important for Canopy’s product development. He stresses the importance of Canopy showing profitability in the Canadian market within 18 months and exporting that model to other markets. He notes that players in the cannabis space have to be forward-looking and reveals that Canopy has already anticipated what will happen when derivative products are legalized in Q4 2019. Canopy Growth Corp has been busy in December, inking deals with flower cultivators and extractors like 48North Cannabis Corp (CVE:NRTH) (OTCMKTS:NCNNF), Valens GroWorks Corp (CNSX:VGW) (OTCMKTS:MYMSF) (FRA:7LV), and MediPharm Labs Corp (CVE:LABS) (OTCMKTS:MLCPF).