Editor's Note: Greg Miller is closely following new developments at Canopy Growth and the termination of CEO Bruce Linton on July 3. He'll have an update for readers regarding this situation next week, so be sure to keep an eye out for it…
When it comes to being successful in business or investing, one simple trick is to mimic the routine of successful CEOs.
For successful cannabis investing, we can take a closer look at how Canopy Growth Inc. (NYSE: CGC) CEO Bruce Linton invests.
Linton runs the biggest marijuana firm in the world, and he's dominating the global industry.
Whether it's investing $150 million in hemp productions in New York or partnering with Martha Stewart to make CBD pet products, he has his hands in everything.
Canopy is also sitting on $4 billion thanks to Constellation Brands Inc. (NYSE: STZ), and Linton is planning how to use that money to make his shareholders wealthier.
The CEO also recently told Barron's that one of his key investments was a bottling plant for cannabis-infused beverages.
He plans to sell those in Canada by the end of the year.
I told you: He has his hands in everything.
About the Author
Greg Miller started working on Wall Street in September, 1987, just a month before the “Black Monday” stock market crash.
During his career there, he became an expert in just about every kind of publicly traded security - from blue-chip and small-cap stocks to municipals, junk bonds, and derivatives. As a portfolio manager, Greg was responsible for over $500 million of assets in mutual funds and insurance company accounts.
After leaving the Street, he designed a successful options trading strategy and made lucrative tech investments for a financial publication. He has also helped develop new products and worked with other editors to hone their strategies. He’s always been dedicated to deep, fundamental research - and he always will be - because he believes buying the very best companies at the right price is the best way to amass wealth in the stock market.