CEO Shake-Ups At Canopy, Curaleaf And Recent Top Exec And Board Changes In Cannabis And Psychedelics
Experienced Regulators Depart From New York OCM
In late July, nearly three months after New York Governor Kathy Hochul fired Chris Alexander, the former head of the state’s Office of Cannabis Management (OCM), following an internal review, a series of high-level departures made headlines.
According to the Green Market Report, and later confirmed by the agency at least four of its senior officials decided to leave their positions, including Deputy Director of Licensing Danielle Holmes, Director of Health and Safety Nicole Rosa and First Deputy General Counsel Patricia Piskorski Heer, as well as General Counsel Linda Baldwin who will depart once a replacement for her position is found, reported Syracuse.com.
A month ago, Gov. Hochul and NYC Mayor Eric Adams praised their efforts to put an end to illicit cannabis sales in New York, announcing more than 1,000 illicit cannabis stores have been shut down across the state, including 779 illegal stores padlocked in New York City and an additional 230 closures statewide.
New Head Of Connecticut’s Cannabis Social Equity Group
Connecticut Social Equity Council (SEC), which manages social equity activity for the state’s recreational marijuana market, got a new executive director earlier this month. Brandon McGee, who previously worked on Gov. Ned Lamont‘s reelection in 2022, replaced Ginne-Rae Clay, reported Marijuana Business Daily citing CT Insider.
Read Also: Executive Changes In Marijuana Industry You Should Know About, New Cannabis Appointments & More
CEO Shakeups At Canopy And Curaleaf Plus More Top Executives Changes
In Canada, cannabis giant Canopy Growth Corporation (TSX:WEED) (NASDAQ:CGC) made headlines recently after CEO David Klein announced he would retire at the end of the company’s fiscal year – March 31, 2025. Klein, who has led the company since January 2020, will remain in his role until a successor is named. …