David Klein, CEO of Canopy Growth, will be retiring at the conclusion of the current fiscal year ending March 31, 2025.
"Over the past four years, we have transformed Canopy Growth into a focused, asset-light, and financially disciplined organization that is well-positioned for sustainable growth. It has been an honor to lead Canopy Growth through this critical chapter in our evolution, and I am deeply thankful to all our team members for their dedication, and to our shareholders for their support," said David Klein, CEO, Canopy Growth. "As we look to the next six months and beyond, I remain focused on driving Canopy Growth to profitability while supporting the smooth onboarding of a new CEO to lead the Company forward in its next phase of growth. My experience at Canopy Growth has only deepened my belief in the power of cannabis to improve lives, and I am confident in the ability of our Company and team to continue bringing that vision to life."
Klein came to Canopy from Constellation Brands, and succeeded previous CEO Bruce Linton after the company's board fired him. As a CEO, Klein oversaw Canopy's expansion into more international markets, but also shut down multiple facilities and laid off hundreds of workers.
For more information:
Canopy Growth Corp.
1 Hershey Dr.
Smiths Falls, Ontario
K7A 0A8
1 855 558 9333 x 122
[email protected]
canopygrowth.com