Wednesday, October 8, 2025

Latest

Canopy Growth Pushes Out CFO, President As Market Position Slides

Evidently Canopy Growth (TSX: WEED) is not satisfied with its poor performance to date. The firm this morning announced a number of changes to its executive team as it looks to right the ship at the flailing cannabis firm.

The company this morning announced that effective immediately, CFO and Executive Vice President Mike Lee, as well as President and Chief Product Officer Rade Kovacevic will be “stepping down from their roles.” Both former execs will stay with the company in what has been deemed an “advisory capacity” until the end of the year.

While permanent replacements were not named, in the interim Judy Hong will act as CFO of the company, while Tara Rozalowsky will act as the Chief Product Officer. Hong was previously the VP of investor relations and competitive intelligence, while also serve as chief of staff to CEO David Klein. Rozalowsky meanwhile was previously VP of beverage and edibles.

Canopy Growth last traded at $15.56 on the TSX.


Information for this briefing was found via Edgar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Fortune Bay: The Potential Billion Dollar Project

Japan Gold Enters New Chapter as Barrick Alliance Concludes – John Proust

Barrick Mining’s “Company Defining [Gold] Discovery”

Recommended

Nord Precious Metals Produces High Grade Silver Concentrate From Tailings

ESGold Secures $9 Million In Non-Dilutive Funding From Ocean Partners

Related News

Canopy Growth: Bank Of America Forecasts Q2 Net Revenues Of $117.4 Million

Yesterday, Canopy Growth Corp (TSX: WEED) (NYSE: CGC) announced that they would hold their second...

Tuesday, November 3, 2020, 11:34:27 AM

Canopy Growth Shares Tank After Losses Widen By Over 1000% In Q1 2025

Canopy Growth (TSX: WEED) unveiled its financial results for the first quarter of fiscal year...

Friday, August 9, 2024, 10:35:34 AM

Canopy Growth: Canaccord Reduces Target To $6, Anticipates Further Cost Cutting

Canopy Growth (TSX: WEED) is expected to report its fiscal fourth-quarter financial results tomorrow morning....

Thursday, May 26, 2022, 04:32:00 PM

From Founder To Former: Severance In the Cannabis Sector

You’re only the worth the value of your severance package. Or at least, that’s what...

Thursday, January 9, 2020, 06:13:51 PM

Canopy Growth’s Bruce Linton Finds Himself in a Catch-22

Canopy Growth Corp’s (TSX: WEED) (NYSE: CGC) Bruce Linton came under fire yesterday across social...

Friday, June 28, 2019, 09:22:46 AM