Luxx and True Liberty Acquisitions further expand Hawthorne portfolio

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GATINEAU, Quebec, 05 Jan 2022 (GLOBE NEWSWIRE) – PRESS RELEASE – HEXO Corp. today announced the appointment of William Todd Montour to the Company’s Board of Directors following the resignation of Jason Ewart, effective immediately.

“I am delighted to welcome Will to the Board of Directors and I have no doubts that his experience in the operations and commercialization of cannabis will be invaluable to the company as we enter our next stage of growth,” said John K Bell, chairman of the board of directors at HEXO. “On behalf of the HEXO Board of Directors, I would like to thank Jason for his leadership during his tenure with the company.

Montour co-founded Redecan, which, prior to the recent acquisition of HEXO, was the largest private licensed cannabis producer in Canada. Montour was instrumental in transforming Redecan from a medical supplier to a recreational cannabis powerhouse. Prior to joining Redecan, Montour spent 13 years supporting his family’s tobacco business, the largest privately held Indigenous business in the world.

The company is also pleased to announce the appointment of Curtis Solsvig as Interim Chief Financial Officer, effective immediately.

“We are fortunate that Curt was able to join HEXO,” said Scott Cooper, CEO of HEXO. “I look forward to building on Curt’s many years of financial leadership, particularly his experience in complex restructuring situations. The Board of Directors and I are confident in Curt’s ability to lead our finance team while HEXO seeks a permanent CFO. I would also like to thank Trent MacDonald for his dedication to the company over the years. “

Curt has extensive experience in improving operations, reducing costs, using working capital more efficiently and implementing balance sheet solutions. Solsvig also has extensive expertise in the area of ​​fund management, including portfolio and financial management, fund administration and supervision at the board level. He has over 30 years of senior management and consulting experience with companies such as Lily, Restoration Hardware, Borders Books and Atari. He graduated from Harvard College with a BA in economics, magna cum laude, and from Harvard Business School with an MBA


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