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Cannabis company Canopy Growth appoints Luc Mongeau as CEO

Canadian cannabis company Canopy Growth Corp. appointed current board member Luc Mongeau to serve as the company’s next CEO.

Mongeau takes the reins effective Jan. 6, 2025, according to a news release.

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He replaces David Klein, who announced in August that he was retiring as Canopy’s CEO and from the board of directors.

Klein will stay on as a special adviser to the Smith Falls, Ontario-based company until Aug. 31, 2025, the release noted.

Canopy is still seeking to fill Klein’s seat on the board.

Mongeau became an observer to Canopy’s board in early 2023 and became a director in February 2024.

He takes the CEO spot at Canopy after spending more than two years as president and CEO of eSolutions Furniture

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