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Cannabis producer HEXO Corp. is acquiring Redecan, Canada’s largest privately-owned licensed cannabis producer with a hefty portfolio of brands, in a…

Redecan Pharm sold for almost $1 billion; GRE Montour family among owners June 2, 2021 164 views By Lynda Powless Editor The family behind the Grand River Enterprise empire may be one of the wealthiest, if not the wealthiest Indigenous families in Canada after Hexco-Corp announced it is buying out Redecan Pharm. Niagara Region’s Redecan Pharm was founded by Peter Montour, Will Montour, the grandsons of the late Pete Montour and Richard Redekop. “Joining the HEXO team will leverage our combined strengths and accelerate our growth within Canada and internationally,” added R...

Combined company would hold number one market-share in Canadian recreational cannabis and hold number one positions in four of Canada’s largest markets:...

The marijuana company wants to be No. 1 in Canada, and is willing to pay for the privilege.

BNN Bloomberg VIDEO SIGN OUT It's one of the biggest cannabis producers in Canada, even if it doesn't really have a full-time CEO in place.  But then, based on the run that privately-held Redecan Pharm has had over the past few years, it appears to be doing just fine without one.    "We all wear different hats here," said Will Montour, one of the owners of Redecan, who also manages its sales and marketing operations, in a rare interview with BNN Bloomberg. "Right now, you're talking to the marketing director and one of the head sales guys. This afternoon, I'll probably mop the fl...