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Canopy CEO Linton Ousted as Board Decides His ‘Turn is Over’ (3)

July 3, 2019, 1:32 PM

Bruce Linton, who founded Canopy Growth Corp. in an abandoned chocolate factory and turned it into the world’s biggest cannabis firm, has been ousted as chief executive officer effective immediately.

“The board decided today, and I agreed, my turn is over,” Linton said in a statement July 3. Linton told CNBC he was fired. The company didn’t give a reason for his ouster, adding that co-CEO Mark Zekulin will take over as the sole boss as Canopy begins a search for a new leader.

“At the end of the day, sometimes entrepreneurs are entrepreneurs because they’re not super employable,” Linton ...

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