Cannabis giant Canopy Growth tanks after its co-CEO says he was 'terminated'

'The Board decided today, and I agreed, my turn is over,' said Bruce Linton, the former co-CEO of Canopy Growth.

Shares of Canopy Growth fell after the company announced that Bruce Linton, the co-CEO, would be stepping down early Wednesday. Linton later told CNBC that he was"terminated." The leadership change comes as the company looks to grow after disappointing fourth quarter earnings results. The company hopes to bring CBD products to the US by 2020. Watch Canopy trade live on Markets Insider. The largest cannabis company is shaking up its top leadership.

Shares of Canopy Growth fell after the company announced that Bruce Linton, the co-CEO, would be stepping down early Wednesday. Linton later told CNBC that he was"terminated." The leadership change comes as the company looks to grow after disappointing fourth quarter earnings results. The company hopes to bring CBD products to the US by 2020. Watch Canopy trade live on Markets Insider. The largest cannabis company is shaking up its top leadership.

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