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48North COO promoted to top position
March 9, 2020 By Grow Opportunity staff
48North Cannabis Corp. announced on March 9 that chief operating officer, Charles Vennat, will be replacing Alison Gordon as the company’s new chief executive.
Gordon served as 48North CEO for almost three years. She oversaw the launch of the company’s initial suite of cannabis products for the recreational market and the opening of its 100-acre (3.7 million square feet) outdoor growing facility in Brant County, Ont.
Before joining 48North in August 2019, Vennat was president of Bastos of Canada Ltd., a manufacturer of tobacco products.
“Looking ahead, I have every confidence that 2020 will be a momentous year for 48North,” said Vennat in a statement. “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.”
48North is a vertically-integrated cannabis company focused on the health and wellness market through cultivation and extraction. It operates two indoor-licensed cannabis production sites in Ontario with more than 86,000 square feet of production capacity. It also runs the Good Farm, a Health Canada licensed 100-acre organic farm growing organic, sun-grown cannabis.
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