"With the completed integration of the Canopy USA platform, this unique portfolio of brands together with a growing retail presence in key states represents significant upside in the dynamic U.S. cannabis industry," said Luc Mongeau, member of the board of managers, Canopy USA, and CEO, Canopy Growth. "Brooks is an accomplished executive in high growth industries and will help further unlock the full potential of Canopy USA, drive the organization to its next phase of growth, and solidify its standing as a leader in the market."

Jorgensen joins Canopy USA with more than 25 years of leadership experience in industries including cannabis, wine and spirits. Most recently, Jorgensen served as president of Kiva Sales and Service

Prior to this, Jorgensen spent nearly 21 years in various roles across several geographies with Southern Glazer's Wine and Spirits, ultimately serving as vice president and general manager of fine wine for Southern Glazer's of Texas. While distributor sales is embedded in his professional DNA, Jorgensen also spent time in regional management roles with Moet Hennessy USA.

Jorgensen’s appointment follows a comprehensive search by the Canopy USA Board of Managers and the completed acquisition of Acreage, announced Dec. 9, 2024. As president, Jorgensen will oversee the continued integration and enhancement of Canopy USA's operations as a single, cohesive platform focused on maximizing growth across the U.S.

"I am thrilled to join Canopy USA as its first president and to lead the organization and portfolio forward across the national adult-use cannabis and hemp derived geographies," Jorgensen said. "Canopy USA is a unique platform with the right combination of ingredients to deliver success as a unified organization in what is considered to be a very challenging and complex industry, and I am confident the cannabis and hemp markets will support the Canopy USA vision and strategy."