Beena Goldenberg has announced her retirement as CEO of Organigram Global, a Canadian cannabis producer, effective September 30, marking the end of the company’s fiscal year. Under Goldenberg’s leadership since 2021, Organigram’s revenue increased from $80 million to over $250 million.
The company has also expanded its cultivation capacity in Moncton, New Brunswick, doubling it during her tenure. Significant strategic moves included three acquisitions, the most notable being the purchase of Collective Project in April, which allowed Organigram to enter the U.S. market with its first revenue stream from THC beverages. Additionally, the company underwent a rebranding in March, changing its name from Organigram Holdings.
In a statement, Goldenberg expressed pride in her accomplishments in the cannabis sector, highlighting the challenges and successes that illustrate the industry’s potential. Board Chair Peter Amirault commended her leadership, stating that she positioned Organigram as a market leader in Canada and laid the groundwork for future global expansion.
The board plans to conduct a thorough search for a new CEO to continue guiding the company’s vision and innovation in the cannabis market. Organigram’s shares are traded as OGI on the Nasdaq and Toronto Stock Exchange.