The development of endocannabinoid‐based therapies is hindered by psychoactive side effects mediated by central CB1 receptors. We determined the effect of CB‐13, a peripherally‐restricted agonist of CB1/CB2 receptors, on cardiac myocyte hypertrophy. Endothelin‐1 (ET‐1, 0.1 μM) induced hypertrophy of rat cardiac myocytes as measured by cell enlargement (122±4%), protein synthesis ([3H]‐leucine incorporation; 147±13%), and fetal gene expression (brain natriuretic peptide mRNA levels; 426±88%) (p<0.05 vs. controls). CB‐13 attenuated all hypertrophic indicators and activated two anti‐hypertrophic signals: AMP‐activated protein kinase (AMPK) and eNOS through phosphorylation at Thr172 and Ser1177, respectively. eNOS activation was ablated by shRNA knockdown of AMPK, and disruption of signaling through AMPK (knockdown) or eNOS (L‐NIO, 1 μM) blocked the anti‐growth effects of CB‐13. CB‐13 also improved mitochondrial function by trafficking through AMPK and PGC‐1α (a driver of mitochondrial biogenesis). ET‐1‐induced mitochondrial depolarization, as assessed by subcellular compartmentalization of the potential‐sensitive dye, JC‐1, was inhibited by CB‐13. In conclusion, dual agonism of peripheral CB1/CB2 receptors is protective in the context of cardiac myocyte hypertrophy and mitochondrial dysfunction vis‐à‐vis crosstalk between AMPK, eNOS and PGC‐1α.