This man brings Synbiotic into the advisory board

In its preparations for cannabis legalization, the start-up is receiving prominent support from a cannabis multi-entrepreneur.
News by Sophie Deistler Sophie Deistler · Stuttgart, 25. November 2022

In its preparations for cannabis legalization, the start-up is receiving prominent support from a cannabis multi-entrepreneur.

Synbiotic has appointed cannabis entrepreneur Bruce Linton as chairman of its newly created advisory board. The listed company wants to benefit from his industry knowledge in the upcoming cannabis legalization.

Linton is a well-known figure in the global cannabis scene: he is the founder and former Chairman and CEO of Canopy Growth Corporation. At the time of his departure, the cannabis company was said to be worth around 20 billion Canadian dollars and supplied more than 25 percent of the Canadian market with cannabis. He also founded several other global cannabis companies listed on various exchanges including NYSE, Nasdaq, TSX, TSX:V, CSE and ASX.

"I see tremendous potential in the European market, especially with the recent announcement of legalization in Germany," says Bruce Linton. "I believe Synbiotic SE is well positioned to take full advantage of legalization and become the dominant cannabis company in Europe." Linton was also one of the investors in the latest financing round and now holds around five percent of Synbiotic's shares. He is remunerated for his work as an advisory board member depending on the development of the share price.


Like it? Please spread the word:


Newsletter

Startups, stories and stats from the German startup ecosystem straight to your inbox. Subscribe with 2 clicks. Noice.

LinkedIn Connect

FYI: English edition available

Hello my friend, have you been stranded on the German edition of Startbase? At least your browser tells us, that you do not speak German - so maybe you would like to switch to the English edition instead?

Go to English edition

FYI: Deutsche Edition verfügbar

Hallo mein Freund, du befindest dich auf der Englischen Edition der Startbase und laut deinem Browser sprichst du eigentlich auch Deutsch. Magst du die Sprache wechseln?

Deutsche Edition öffnen

Similar posts