Healthcare: The Surprising Exit of Canopy Growth’s CEO Raises Questions About This Top Marijuana Stock
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 10 July 2019
⏱️ 26 minutes
🧾️ Download transcript
Summary
After building Canopy Growth into the world’s biggest pot stock, CEO Bruce Linton has been terminated by the company’s board of directors. Here’s what you need to know about his exit, the company’s future, and if Linton thinks Canopy’s still a top stock to buy. Also, the latest updates on promising new gene therapies that could revolutionize hemophilia A and hemophilia B treatment. Stocks: CGC, STZ, OGR, SGMO, BMRN, QURE
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Transcript
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| 0:00.0 | Welcome to Industry Focus, the show that dives into a different sector of the stock market every single day. |
| 0:08.0 | Today is Wednesday, July the 10th, and we're talking health care. I'm your host Shannon Jones I am joined once again |
| 0:14.6 | by all-around good guy health care guru Todd Campbell Todd we missed you the people |
| 0:20.0 | missed you so glad to have you back on the show. It's great to be back you know I |
| 0:24.3 | love to do hands-on research you know so I figure I might as well go get this crazy |
| 0:29.0 | eye surgery and see what all this eye surgery is all about and see if there's any stock investing tips. |
| 0:34.0 | Unfortunately, no, there were. |
| 0:36.0 | No stock ideas. |
| 0:37.2 | It was all for not, Todd. |
| 0:38.9 | It was all for not. |
| 0:39.8 | Well, I don't know. |
| 0:40.7 | You know, I do have a lens from Bauchilome now sewn into the back of my eyes so maybe I should be paying more attention to them. |
| 0:47.0 | Well so glad to have you back especially for this week because we've got a lot to catch up on. First inform us we're going |
| 0:54.4 | to be going into some news that came out of the marijuana industry and also |
| 0:59.0 | giving some updates in the gene therapy space as it relates to hemophilia. |
| 1:03.6 | So glad to have you back on the show, Todd. |
| 1:05.8 | Let's kick things off with the news heard |
| 1:08.8 | round the marijuana world. |
| 1:10.9 | Really can't underscore just how big of a development that came out of canopy growth on |
| 1:16.1 | July the 3rd. This was the half day of trading right before the stock market was closed |
| 1:21.6 | on July the push by the way. |
| 1:23.2 | Don't you love how they do that? |
... |
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