he exodus of cannabis executives in Canada is in full swing after their companies raked up collective net losses exceeding CA$6 billion ($4.4 billion) in 2019, the first calendar year recreational products were allowed to be sold.

Most of Canada’s top cannabis producers have replaced their chief executives or chief financial officers over the past year after failing to meet customer and investor expectations.

Some left on their own volition, and others were forced out.

Loss leaders with new corporate leadership include the following companies, with the former chief executive in parentheses: Canopy Growth (Bruce Linton), Aurora Cannabis (Terry Booth) and Sundial Growers (Torsten Kuenzlen).

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Missed earnings, misdirection put Canadian cannabis executives in hot seat