Canopy to employ new CEO by finish of year: chairman – Cannabis News | Life style Strategies | Professional Opinions

[ad_1]

&#13
&#13

&#13

&#13
&#13

TORONTO — Canopy Development Corp.’s chairman says it expects to comprehensive its search for a new chief executive officer by the finish of the calendar year.

John Bell adds that the “robust” search is currently underway with a quantity of “well-seasoned” candidates.

Bell’s comments came at the cannabis company’s(Canopy Development) annual shareholder meeting in Toronto right now, the very first to be held due to the fact its co-founder Bruce Linton was terminated from his part as co-CEO in July right after its most significant shareholder Constellation Brands mentioned it was disappointed in its most recent earnings.

Canopy Growth‘s present chief executive Mark Zekulin, who had previously been co-CEO alongside Linton, has mentioned he would remain on till a appropriate replacement was identified.

Zekulin told shareholders at the meeting that it was his option to leave, and it was a “natural progression” for new leadership to drive factors forward.

Meanwhile, Linton on Tuesday announced his subsequent moves, which contain advisory roles in 3 corporations such as U.S.-primarily based dispensary enterprise Gage Cannabis Co. and Australia-primarily based Thoughts Medicine Inc., which is focused on psychedelic-assisted medicines.

Organizations in this story: (TSX:WEED)

The Canadian Press

Featured Image: THE CANADIAN PRESS/ Tijana Martin

&#13

&#13
&#13

&#13

&#13
&#13



[ad_2]

Latest posts