- Canopy Growth (TSX:WEED) is naming Brooks Jorgensen as the first-ever president of its U.S.-based holding company, Canopy USA
- Jorgensen recently served as president of Kiva Sales and Service, growing it to what is now the largest full-service distributor of cannabis products in the U.S.
- As president, Jorgensen will oversee the continued integration and enhancement of Canopy USA’s operations as a single, cohesive platform focused on maximizing growth across the U.S.
- Canopy Growth stock (TSX:WEED) opened trading at C$4.08 per share
Canopy Growth (TSX:WEED) is naming Brooks Jorgensen as the first-ever president of its U.S.-based holding company, Canopy USA.
A cannabis and beverage alcohol industry executive with more than 25 years of experience in cannabis, wine, and spirits, Jorgensen recently served as president of Kiva Sales and Service, growing it to what is now the largest full-service distributor of cannabis products in the U.S.
He spent nearly 21 years in various roles, across several geographies with Southern Glazer’s Wine and Spirits, ultimately serving as vice president and general manager of fine wine, for Southern Glazer’s of Texas. He also had regional management roles with Moet Hennessy USA.
“Brooks is an accomplished executive in high growth industries and will help further unlock the full potential of Canopy USA, drive the organization to its next phase of growth, and solidify its standing as a leader in the market,” Canopy Growth’s CEO, Luc Mongeau, who is also a member of Canopy USA’s board of managers, said in a news release.
“Canopy USA is a unique platform with the right combination of ingredients to deliver success as a unified organization in what is considered to be a very challenging and complex industry, and I am confident the cannabis and hemp markets will support the Canopy USA vision and strategy,” Jorgensen added.
As president, Jorgensen will oversee the continued integration and enhancement of Canopy USA’s operations as a single, cohesive platform focused on maximizing growth across the U.S.
Canopy Growth is the North American cannabis and consumer packaged goods company behind Doja, 7ACRES, Tweed, Deep Space, Martha Stewart CBD and Storz & Bickel.
Canopy Growth stock (TSX:WEED) opened trading down more than 5 per cent at C$4.08 per share.
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