Greg Guyatt resigned from his position as CEO of Canadian cannabis producer Phoena “to pursue new challenges,” the Vaughan, Ontario-based company announced.
Guyatt had been CEO since early 2020, when the company was still called CannTrust Holdings.
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Phoena did not share the reason for Guyatt’s departure.
Corné Melissen has been named interim CEO.
Melissen is the owner of Phoena’s lead investor, Kenzoll B.V., a Netherlands-based private equity investment company.
CannTrust secured a new investment led by Marshall Fields International B.V., a subsidiary of Kenzoll B.V., in early 2022.
“We wish Greg well with his future endeavors, and I am looking forward to working with the Phoena team to continue our journey to becoming a formidable player in the cannabis industry,” Melissen said in a statement.
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Early in his tenure at Phoena, Guyatt steered the company through a turbulent time, helping
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