Big Fish in an Expanding Pond

How Bruce Linton and Canadian cannabis giant Canopy Growth Corp., parent company of Tweed, built the world's largest cannabis business.

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This article originally appeared in the September/October print edition of Cannabis Business Times. To subscribe, click here.

If you’re a cannabis industry professional, odds are you’ve heard of Tweed, the Canadian medical marijuana Goliath. Based in Smiths Falls, Ontario, in a retro-fitted Hershey factory (yes, of Hershey’s chocolates), the company has been making some of the year’s biggest industry headlines.

In June 2015, Tweed merged with fellow Canadian medical marijuana producer Bedrocan Canada in a $58 million deal, forming the world’s largest publicly listed medical marijuana company (according to data from Bloomberg) called Canopy Growth Corp. In February the company inked an exclusive partnership deal with Calvin Broadus Jr., better known as the rapper Snoop Dogg. In July, Canopy Growth Corp. became the first marijuana growing company to be listed on a major North American stock exchange, the TSX (Toronto Stock Exchange).

And the man behind it all, Bruce Linton, is not your typical cannabis business owner. A career board member, Linton is a bit of a black sheep in an industry filled with reformed-underground-growers-turned-business-moguls.

Prior to launching Tweed, Linton sat on boards of groups like Clearford Industries, which looks to bring sewage solutions to regions without any sanitary waste disposal infrastructure; Sitebrand, an online marketing company; and Cleantech, a company which supports the development of clean technologies.

To read the full article in our September/October edition, click here.
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