HAMILTON, Ontario--(BUSINESS WIRE)--Green Relief Inc. today announced that it has completed its restructuring process and has been acquired by Olivier Dufourmantelle and Angus Footman, two industry veterans who have worked with some of Canada’s leading cannabis companies. The company retained key employees and is open for business in all respects. Now under new management, Green Relief is renewing its focus to providing high-quality, consistent products to its medical cannabis patients.
“Taking Green Relief through its next chapter is an exciting opportunity, and we look forward to continue serving our medical patients with high-quality medical products,” said Dufourmantelle, Green Relief’s president. “Green Relief will also leverage its fully built out and licensed facility to offer a wide range of products and processing services.”
Green Relief will continue to offer its signature GRx cannabis oil and plans to introduce new medical products in the short term.
Both Dufourmantelle and Footman are both experienced professionals and entrepreneurs with significant experience in the cannabis industry. Prior to Green Relief, Dufourmantelle was the chief operating officer of Canopy Rivers, and the chief operating officer of Canopy Growth prior to that. He has also worked in leadership and consulting roles in Asia, Europe, and North America with both Michelin Tires and McKinsey & Company. He has a degree in electrical engineering from McGill University and an MBA from Harvard Business School.
Footman is the founder of Park Lane Farms, one of the first legal producers of medical cannabis products in Canada. Footman sold Park Lane to Canopy Growth in 2014 and served as the managing director and president of Tweed Farms (formerly Park Lane) until 2018. Footman then assumed leadership of Canopy Growth’s animal health division, a global leader in animal cannabinoid research. Prior to working in cannabis, Footman held executive and board roles at technology and engineering firms. He has a business degree from the University of Guelph.
About Green Relief
Green Relief is a licensed producer based outside of Hamilton, Ontario. Its fully built-out and licensed 32,000 sq. ft. facility is located close to Toronto Pearson International Airport. Green Relief cultivates, extracts, and processes cannabis into advanced products, and operates an extensive on-site formulation and analytical lab. Green Relief is fully licensed for medical sales, cultivation, processing, and sales to recreational channels.