Tag: CEO


Former Student Converts Thorndale, Ont. School to Grow Cannabis


Rob O’Neill used to dread being called to the principal’s office at Leesboro Central Public School in Thorndale, Ont., but now it’s his office as CEO of the JC Green Cannabis Company. O’Neill said in a statement, “It’s a really incredible experience to return to my school, which always had a sense of small-town community, to revive the energies where young minds were cultivated, and placing those energies into the operations at JC Medicinal.” JC…


Why the Picture for Aurora Cannabis Just Got Bleaker


A bad situation in Ontario is now even worse. There’s been nothing but bad news for Aurora Cannabis (NYSE:ACB) lately. The Canadian cannabis producer posted dismal fiscal 2020 Q2 results in February. Its longtime CEO stepped down. Aurora laid off staff. Its stock is down more than 60% year to date. And now the picture for Aurora just got bleaker. One of the biggest problems for the company in 2019 became worse over the weekend.…


Cannabis, Bar Industries Eligible for $40B Government Bank Credit Program


Devastated bars and lounges as well as the country’s hard-hit cannabis sector will have access to $40 billion in new credit being made available via the government’s business bank during the COVID-19 crisis, its CEO said on Sunday. In an interview with The Canadian Press, Michael Denham said the program from the Business Development Bank of Canada would now be open to all businesses. “Any legal business is eligible to be part of the program…