The present invention provides an improved surgical retractor system useful for holding tissue away from a surgical site during a medical or dental procedure. In one embodiment, the surgical retractor system is comprised of a tubular member, such as a cannula, and a retractor member. In an embodiment, the retractor member may be ring shaped. The retractor member preferably may have an opening therethrough for receiving the cannula. An engaging member associated with the retractor member may be provided for rotatably engaging the cannula. In one embodiment, the cannula may have external threads that are releaseably engaged with the engaging member and allows the degree or amount of tissue retraction to be adjusted. The cannula may be configured to be used with and secured to a handle to facilitate using the retractor system. A method of using the retractor system is also disclosed.