Canopy Growth's Bruce Linton Talks Martha Stewart, Constellation Brands: 'Good Science Leads To Great Products'

Cannabis-company Canopy Growth Corp CGC's relationship with publisher, entrepreneur and TV personality Martha Stewart dates back more than three years, company co-CEO Bruce Linton said on CNBC's "Squawk on the Street" Thursday.

What Happened

Linton recalled a story where he received an e-mail more than three years ago from rapper Snoop Dogg and the two initially collaborated on a line of marijuana products. At the same time, Snoop co-hosted a variety show with Stewart and an introduction was made.

Stewart eventually agreed to take an advisory role at Canopy Growth. Stewart will be tasked with leveraging her knowledge of consumer products and helping the company develop a line of CBD products across various categories, starting with pets.

The Cannabis Capital Conference is coming back to Toronto! Click here to learn how you can join Tim Seymour, Jon Najarian, Alan Brochstein and many others.

Stewart's brand is so powerful "you don't even need to say her last name," Linton said. The brand attracts everyone from a younger crowd that thinks her "Pot Luck" show with Dogg is "hilarious" to those who subscribe to her magazine and "really love her style," he said.

"What we really just wanted to have was an on-ramp conversation — and it has been huge."

Looking Ahead

CNBC's Sara Eisen asked Linton what's ahead for Canopy Growth.

Linton highlighted the company's partnership with Constellation Brands STZ and said "we have in Canada some rules coming out that will allow us -- we expect in Q4 to make beverages and sell them as a product that's really scientifically driven."

Linton doubled down on what Canopy Growth is trying to do with cannabis.

"Good science leads to great products, which turns into the reason people want them," he said.

Canopy Growth's outlook is full of partnerships and collaborations. Most recently, the company said it's teaming up with the National Hockey League's Alumni Association to research concussions and cannabinoids in a clinical study.

The stock traded around $45.04 at time of publication.

Related Links:

From Martha Stewart To NY's Southern Tier, A Cannabis-Do Attitude

Nielsen Enters The Cannabis Industry

Photo by Dustin Blitchok.

Market News and Data brought to you by Benzinga APIs
Posted In: CannabisMarketsMediaBruce LintonCNBCMartha StewartSnoop DoggSquawk on the Street
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

The Benzinga Cannabis Capital Conference is coming to Florida

The Benzinga Cannabis Capital Conference is returning to Florida, in a new venue in Hollywood, on April 16 and 17, 2024. The two-day event at The Diplomat Beach Resort will be a chance for entrepreneurs, both large and small, to network, learn and grow. Renowned for its trendsetting abilities and influence on the future of cannabis, mark your calendars – this conference is the go-to event of the year for the cannabis world.

Get your tickets now on bzcannabis.com – Prices will increase very soon!


Loading...