TORONTO, March 9, 2020 /CNW/ – 48North Cannabis Corp. (“48North” or the “Company”) (TSXV:NRTH), is pleased to announce that Charles Vennat, currently Chief Corporate Officer, has assumed the position of Chief Executive Officer, effective immediately. Mr. Vennat replaces Alison Gordon, who leaves 48North after serving as the Company’s CEO for nearly three years.
“On behalf of the entire 48North team and our Board of Directors, I would like to thank Alison for her trailblazing leadership during her three years as 48North’s CEO. During her tenure, we introduced 48North’s initial suite of cannabis products to the recreational marketplace, opened one of the world’s largest licensed outdoor cannabis operations, raised significant capital, and built a strong brand. We wish Alison all the best in her future endeavours,”-said Martin Cauchon, Chair of 48North’s Board of Directors.
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“I am honoured to serve as 48North’s Chief Executive Officer,”– said Charles Vennat, CEO of 48North.
“Over the past quarter, we have been diligently focused on operational upgrades, successfully conducting post-harvest activities from Good:Farm, building consumer loyalty, and preparing the launch of our impressive suite of next-generation brands. Provincial wholesalers, retailers, and consumers alike are demanding 48North’s products – largely a result of the significant progress the Company has made in building a strong, authentic and trusted brand in Canada.”
“Looking ahead, I have every confidence that 2020 will be a momentous year for 48North. The Company has successfully entered into a new phase of growth, with strong demand across the country for our products, it is now time to leverage our industry leading team to deliver reliable, high-quality and consistent products for Canadian consumers,”-continued Charles.
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