This man brings Synbiotic into the advisory board

Sophie Deistler Sophie Deistler | 25.11.2022

As it prepares for cannabis legalization, the startup is getting prominent support from a cannabis multi-entrepreneur.

Synbiotic has appointed cannabis entrepreneur Bruce Linton to chair its newly created advisory board. The publicly traded company is looking to benefit from his industry knowledge as cannabis legalization approaches.

Linton is a well-known figure on the global cannabis scene: he is the founder and former chairman and chief executive officer of Canopy Growth Corporation. At the time of his departure, the cannabis company was reportedly worth about $20 billion Canadian and provided cannabis to more than 25 percent of the Canadian market. 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 ideally positioned to take full advantage of legalization and become the dominant cannabis company in Europe." Linton was also among the investors in the recent financing round and now holds about five percent of Synbiotic's shares. He is compensated 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

Take care, give care

Did this news inform or entertain you? Then we would be happy if you tell your network about it.

Share on Linkedin Share on Facebook Share on Xing

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