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Cannabinoids are Here for Good; Canopy Growth Founder and Industry Spokesman Bruce Linton Announces Involvement in Future of Cannabis IndustryBruce Linton, today announced his planned involvement in the future of the cannabis industry, with active advisory roles in Wolverine Partners Corp. (d.b.a. Gage Cannabis Co.), ("GAGE") following its acquisition of Rivers Innovations Inc. ("Innovations"), Better Choice Company, Inc. (OTCQB: BTTR) ("BTTR") and Mind Medicine, Inc ("MMI"). Mr. Linton expects to select and announce a multi-state operator (MSO) for a similar role in the near-term. "Summer was a very costly vacation period for virtually everyone who owns/owned stocks associated with the cannabinoid sector," said Bruce Linton. "I share your pain and may have indirectly contributed to it. For that I apologize. Let's get back to a focus on creating value, thinking beyond the quarter and driving hard to bring science driven outcomes to the world." Mr. Linton's involvement in this select group of companies will enable him to:
"The way I selected the companies was not how much equity they would give me. I turned down themost self-enriching offers," said Linton. "However to be transparent, all firms provided me with generous equity exposure. With each firm and space, I sought to develop a specific view of how we build enterprise value from the current activities and limit disruption. Finally, and I believe importantly, one of my participating conditions was that key insiders lock up generally for the next 12 months. Why? This is about getting back to work with alignment." The companies selected land in two categories. Active Advisor or Activist Investor (the good kind), as Mr. Linton cheers for entrepreneurs. The roles and firms are: Active Advisor
Activist Investor
"I want to thank the many entrepreneurs that reached out and at my core I wish I could be helpful to you directly, but the reality is we will all be working away at the same goals and perhaps I can be helpful by once again pushing the pace in the sector," said Linton. For future reference [email protected] View source version on businesswire.com: https://www.businesswire.com/news/home/20190917005421/en/ |