The Globe and Mail reports in its Saturday, Aug. 17, edition that Canopy Growth has announced that its chief executive officer, David Klein, will retire next year. A Canadian Press dispatch to The Globe reports that Mr. Klein will step down at the end of the company's current financial year on March 31, 2025. Until his retirement, or until a successor is named, he will continue in his role as CEO and as a member of the board. Mr. Klein took on the role of CEO at Canopy Growth in January, 2020. Canopy Growth chairman David Lazzarato credits Mr. Klein with playing a key role in steering the company through a significant transformation and in establishing Canopy USA. The company has stated that the board is currently in the process of hiring a search firm to assist in the selection of a successor to lead the company into its next chapter.