Major shake-up at world’s largest cannabis company

Canadian cannabis company Canopy Growth Corp. stunned the market Wednesday with news that co-Chief Executive Bruce Linton is stepping down from his role and will leave the board, and counterpart Mark Zekulin is next.

• The departure of the two long-serving executives came eight months after Corona beer distributor Constellation Brands Inc. over four of Canopy’s seven board seats.
• Without the two co-CEOs, it’s an open question what the company’s future will hold and how much it will depart from the vision outlined by the two men.
• Constellation likely believed it was time to bring in executives with a longer record of running mature companies.

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