TORONTO — Canopy Growth Corp. is preparing another route into the U.S. cannabis market with a new deal to acquire an edibles company, if Canada s neighbour moves to allow a key pot component.The . . .
Every time Irwin Simon buys a new company or brand, his barber gets upset.
âIâm very superstitious,â said Simon, chief executive officer of Tilray Inc. âDuring a deal, I never get a haircut.â
Depending on how the next few years go, the 63-year-old executive might have a hard time staying well-coiffed if deal activity in the fast-paced cannabis sector continues to heat up. Simon â who in previous roles sold everything from diet drinks to free-range organic chicken - now has one goal ahead of him: running the biggest pot company in the world.
And as he looks forward to capturing a bigger slice of the global cannabis pie, his business acumen, developed over decades in various marketing and management roles, will be put to the test as rivals in the U.S. are already generating oodles of cash in a market where the more established Canadian players remain on the outside looking in.