In late May, Monahan's appointment as CFO also came along with the establishment of HEXO USA in Delaware to help formalize the company's presence in the US. Monahan has been succeeded by Stephen Burwash, former vice president of strategic finance at HEXO. Burwash previously held the role of interim CFO prior to Monahan's appointment after HEXO's then-CFO Ed Chaplin confirmed he would also be transitioning out of the company. The abrupt departure of Monahan raised some questions in the market about what's happening behind the scenes at the marijuana producer.