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Submitted URL: http://bizwest.acemlna.com/lt.php?x=3DZy~GE7J3Kd6XBAyw~JWBKf~a7ViNH1v-pjX5DDV3jOE8Kqz0y.0eVw1H7zjN~0lvYwbHHFKnCf6E
Effective URL: https://bizwest.com/2025/01/14/cannabis-umbrella-company-canopy-usa-hires-first-prez/?utm_source=ActiveCampaign&utm_...
Submission: On January 14 via manual from US — Scanned from US

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Cannabis  January 14, 2025 7:14:16 am


CANNABIS UMBRELLA COMPANY CANOPY USA HIRES FIRST PREZ

By BizWest Staff

DENVER — Canopy USA LLC, the American subsidiary of Canadian cannabis umbrella
company Canopy Growth Corp. (TSX: WEED, Nasdaq: CGC), has hired M. Brooks
Jorgensen as its first president. 

Jorgensen was most recently the president of cannabis distribution company Kiva
Sales and Service Inc.

Canopy bought Boulder-based cannabis gummies company Wana Brands in 2021 for
nearly $300 million. The company’s cannabis portfolio also includes Acreage
Holdings Inc. and  Lemurian Inc. 

“With the completed integration of the Canopy USA platform, this unique
portfolio of brands together with a growing retail presence in key states
represents significant upside in the dynamic U.S. cannabis industry,” Canopy USA
board member Luc Mongeau said in a prepared statement. “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.”

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Canopy bought Boulder-based cannabis gummies company Wana Brands in 2021 for
nearly $300 million.

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