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Canopy Growth (CGC), the largest cannabis company in the world, has fired its co-founder and co-CEO Bruce Linton. This move was driven by Constellation Brands (STZ), which owns 40% of Canopy Growth, has four seats on its board of directors, and recently expressed displeasure with Canopy's results.
Linton had led Canopy Growth since the start, guiding the company from taking over an old Hershey factory to its current $14 billion market cap. Linton has also been removed from Canopy's investment vehicle, Canopy Rivers. Mark Zekulin, already co-CEO of Canopy Growth