Organigram CEO Greg Engel leaves New Brunswick-based cannabis company

Organigram Holdings Inc.

“Greg has brought innovative leadership as the company created new structures around operations and increased capacity to serve the growing marketplace,” said Geoff Machum, chair of the board’s governance and nominating committee.

But even when steady production resumed, the company struggled to materially grow its recreational sales for a number of consecutive quarters, losing market share to rivals Canopy Growth Corp.

tobacco giant carve out a 20-per-cent stake in Organigram and reach an agreement to jointly develop a new line of cannabis vapour and oral products.

Two of the largest cannabis companies in Canada, Aphria and Canopy Growth, are led by former executives from the food and alcohol industries.

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