Canadian cannabis company Tilray Inc. TLRY, +11.70% said Tuesday it has named former Molson Coors executive Michael Kruteck as its chief financial officer, replacing Mark Castaneda, who will take on the role of strategic business development. The company has also hired former Revlon executive Jon Levin as chief operating officer. Tilray’s Nasdaq-listed shares slid 1.8% premarket and have fallen 84% in the last 12 months, while the S&P 500 SPX, +0.70% has gained 27%.