Former CEO Kevin Murphy and ex-Canadian Prime Minister Brian Mulroney have resigned from the board of directors of New York-based marijuana multistate operator Acreage Holdings.
In an Aug. 4 filing with the U.S. Securities and Exchange Commission, the company said neither resignation was the result of a disagreement with Acreage “on any matter relating to the company’s operations, policies or practices.”
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In June, Acreage streamlined its board to prepare for the company’s acquisition by Canopy USA, the American arm of Canadian producer Canopy Growth Corp.
Smiths Falls, Ontario-headquartered Canopy announced in October it was expediting plans to acquire Acreage, Jetty Extracts and Wana Brands.
Canopy struck a deal in 2019 to buy Acreage for $3.4 billion, pending U.S. legalization.
Murphy founded Acreage and served as chief executive 2014-20. He had chaired the board since 2014.
Mulroney, Canada’s prime minister 1984-93, joined the Acreage board in
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