Goldenberg retiring as CEO of cannabis producer Organigram

Beena Goldenberg is retiring as CEO of Canadian cannabis producer Organigram Global.Her departure is effective Sept.

30, the end of the company’s current fiscal year, according to a Tuesday news release. ADVERTISEMENT The company’s board plans a “comprehensive CEO selection process” to find someone to lead Organigram into “its next chapter of growth,” the release noted.

Organigram’s revenue has grown from $80 million to more than $250 million since Goldenberg joined the New Brunswick-based company in 2021.Also under her leadership, according to the release, the company: Doubled the capacity of its cultivation facility in Moncton, New Brunswick.

Made three strategic acquisitions, including the April purchase of THC drink manufacturer Collective Project, which gave Organigram its first revenue stream in the United States.Rebranded in March from Organigram Holdings.

“After five incredible years in the cannabis industry, serving as CEO of Supreme Cannabis Co.and Organigram Global, I have decided it is time to move on to my next chapter,” Goldenberg said in a statement.

“Reflecting on my journey, I am extremely proud of what has been accomplished in this nascent industry.“The challenges we faced and the successes we achieved underscore the immense potential that still lies ahead for the cannabis industry.” ADVERTISEMENT Board Chair Peter Amirault praised Goldenberg for exceptional leadership and positioning the company as a market leader in Canada and preparing it for global expansion.

“The Board remains confident in the company’s strategic direction as well as its leadership team, and we are committed to appointing a new CEO who will continue to drive our vision forward, ensuring that the Company remains at the forefront of cannabis innovation and growth,” Amirault said in a statement.Organigram shares trade as OGI on the Nasdaq and Toro...