Aphria Inc., the Canadian marijuana grower that’s the target of a potential hostile takeover offer, said Chief Executive Officer Vic Neufeld and co-founder Cole Cacciavillani will leave their roles over the coming months.

Neufeld and Cacciavillani are working with Aphria independent chair Irwin D. Simon and president Jakob Ripshtein to plan succession and ensure orderly transition, the Leamington, Ontario-based company said in a statement Friday.