News
OCRC Board Appoints Permanent President & Chief Executive Officer
July 7, 2022 (TORONTO) – Following the completion of a competitive national search, the Board of Directors of the Ontario Cannabis Retail Corporation (OCRC) is pleased to announce the appointment of David Lobo to the position of President and Chief Executive Officer of the Ontario Cannabis Store (OCS) on a permanent basis. David has held the role of Interim President and CEO since March 2021, during which time the organization has undergone unprecedented growth.
“Under David’s interim leadership, the organization successfully grew its distribution infrastructure to support the launch of hundreds of new innovative legal cannabis products in partnership with licensed producers and authorized retail stores across the province,” said Connie Dejak, Chair of OCRC’s Board of Directors. “The Board and I are confident that David will continue to provide strong leadership as the OCS enables further growth of the legal marketplace through its wholesale distribution and social responsibility mandate.”
Since joining the OCS at its inception, David has held several senior roles and will provide stability and clarity of strategy to the organization. Together, the Board and David will continue to prioritize building best-in-class wholesale infrastructure, creating a frictionless customer-experience and championing a socially responsible industry. During his interim leadership, the OCS scaled its operations to move over 84 million units of cannabis to all corners of Ontario – resulting in $1.5 billion of retail sales, and 40% of Canada’s legal recreational cannabis market.
“I am grateful to the OCRC Board for their trust in my leadership and I look forward to continuing to guide our talented and experienced team as we further scale with the legal market,” said David Lobo. “As our industry continues to evolve and mature, the OCS will transform our operations aligned with our mission of enabling a vibrant marketplace through great customer experiences – rooted in selection, service and quality.”
“Under David’s interim leadership, the organization successfully grew its distribution infrastructure to support the launch of hundreds of new innovative legal cannabis products in partnership with licensed producers and authorized retail stores across the province,” said Connie Dejak, Chair of OCRC’s Board of Directors. “The Board and I are confident that David will continue to provide strong leadership as the OCS enables further growth of the legal marketplace through its wholesale distribution and social responsibility mandate.”
Since joining the OCS at its inception, David has held several senior roles and will provide stability and clarity of strategy to the organization. Together, the Board and David will continue to prioritize building best-in-class wholesale infrastructure, creating a frictionless customer-experience and championing a socially responsible industry. During his interim leadership, the OCS scaled its operations to move over 84 million units of cannabis to all corners of Ontario – resulting in $1.5 billion of retail sales, and 40% of Canada’s legal recreational cannabis market.
“I am grateful to the OCRC Board for their trust in my leadership and I look forward to continuing to guide our talented and experienced team as we further scale with the legal market,” said David Lobo. “As our industry continues to evolve and mature, the OCS will transform our operations aligned with our mission of enabling a vibrant marketplace through great customer experiences – rooted in selection, service and quality.”
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