The Biggest Name in Cannabis Is Taking a Tech Venture Public
- Bruce Linton, CEO of Canopy, is also co-chairman of Martello
- Company will list via reverse takeover on the TSX Venture
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The man behind the world’s biggest publicly traded pot company has taken another venture public.
Bruce Linton, co-founder of Canopy Growth Corp., the Smith Falls, Ontario-based cannabis company with a market value of C$14.9 billion ($11.4 billion), is also co-chairman of Martello Technologies Group Inc. The software-services company, which began trading Wednesday on the TSX Venture Exchange, traded at 44 Canadian cents at 9:45 a.m. in Toronto, up 193 percent from its private placement price of 15 cents a share. It listed via a reverse takeover under the symbol MTLO.