HEXO - Canopy gains 12% to lead Canadian cannabis rally as former Aphria legal chief joins
- Canopy Growth ( NASDAQ: CGC ) has spearheaded a surge in the shares of Canadian cannabis players with a ~12% gain Tuesday after the company appointed a former executive at Aphria as its new Chief Legal Officer.
- Christelle Gedeon who is set to take over the role effective immediately oversaw the merger between Aphria and Tilray ( TLRY ) as the Chief Legal Officer and Corporate Secretary of the former in 2021.
- Notable gainers in the cannabis space include: Aurora Cannabis ( ACB ), Tilray Brands ( TLRY ), SNDL ( SNDL ), HEXO Corp. ( HEXO ) and U.S. MSO, GrowGeneration Corp. ( GRWG )
- Before joining Canopy ( CGC ), Gedeon, a commercial lawyer with more than a decade of legal and strategic experience, served as the Chief Legal Officer and Corporate Secretary for The Metals Company.
- "Christelle is a proven leader in the legal and cannabis industries, and we are excited to have her join Canopy Growth as we continue to build the leading brand-driven cannabis company in North America," Chief Executive of Canopy ( CGC ) David Klein said.
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Canopy gains 12% to lead Canadian cannabis rally as former Aphria legal chief joins