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
Friday, August 31, 2018
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 an interview. Marijuana stocks have been booming as investors await the legalization of recreational marijuana in Canada in October. (See also: Canopy CEO sees bigger potential for pot in medicine than booze)