Marijuana Insiders Cash in Before Canadian Legalization Report

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Marijuana Insiders Cash In Before Canadian Legalization Report

Pixabay / Maklay / CC0 Public Domain

Insiders with two of Canada’s largest marijuana companies are cashing in on the industry’s reefer madness before the country introduces its plans for legalized recreational pot.

Since March 1, five directors, officers and board members with Canopy Growth Corp. sold 3.2 million shares worth at least C$7.5 million ($5.7 million), including Chief Executive Officer Bruce Linton, who sold C$3.7 million worth of his holdings, according to data compiled by Bloomberg.

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