48North Cannabis announced the sudden departure of Chief Executive Officer Alison Gordon, who led the Toronto-based producer for almost three years.
Gordon was among a small number of women at the helm of a Canadian marijuana company.
One year ago, a Marijuana Business Daily study found that men held 93% of Canadian cannabis boardroom positions.
Gordon has been replaced on a permanent basis by Charles Vennat, who had been serving as 48North’s chief corporate officer.
“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,” board Chair Martin Cauchon said in a statement.
No reason for the executive change was provided.
The news release did not include a statement from Gordon.
A spokesperson for the company said Gordon remains on 48North’s board.
Gordon, who was featured in Marijuana Business Magazine’s Women to Watch in 2019, leaves the company amid a flood of cannabis CEO departures.