Acreage Holdings is adding another executive from Bespoke Capital. The New York-based cannabis firm announced Tuesday that Steve Goertz, a Canadian business executive who most recently served as partner and chief financial officer of the Bespoke SPAC, would supplant current Acreage CFO Glen Leibowitz.
Are you looking to break into the cannabis industry? Wondering what you can expect to earn? Colorado-based recruiting agency Vangst has you covered. On Monday, Vangst released its newest “Salary Guide” detailing statistics about new cannabis industry job creation and compensation.
Chicago-based cannabis firm Cresco Labs has hired consumer packaged goods veteran Ty Gent as its new COO. Gent most recently served as the chief supply chain officer of US Foods, one of the largest foodservice distributors in the U.S.
The number of full-time equivalent (FTE) U.S. cannabis industry jobs could reach nearly 300,000, according to new figures from the 2020 Marijuana Business Factbook. Published by Marijuana Business Daily, a trade publication covering the cannabis industry, the Factbook includes information on industry trends as well as financial and operational data for cultivators, manufacturers and retailers.
Vireo Health has named John Heller, the outgoing chief financial officer of fitness company Lift Brands, as its new CFO. Heller, who supplants Shaun Nugent as CFO of the multistate cannabis firm, will take over on July 6, 2020, according to an announcement. He's Vireo’s second CFO in the last seven months.
Do higher executive compensation packages lead to better performance amongst publicly traded cannabis companies? Not exactly. A recent review of 96 cannabis firms by Bedford Consulting Group, a Canada-based executive search firm, found that organizations with well-compensated executives actually unperformed against the Bloomberg Intelligence Global Cannabis Index, Bloomberg noted.
In the face of growing financial losses and a stock that has lost more than 80% of its value over the last nine months, Canada’s Aurora Cannabis Inc. is shaking things up. The company recently shared that chief corporate officer Cam Battley had stepped down from his position on December 20, among other notable announcements.
Canopy Growth Corporation today announced that David Klein, the chief financial officer at Constellation Brands, which owns 38% of the Canadian cannabis firm, would take over as its chief executive officer next month.
Even as major U.S. cannabis companies like MedMen, Pax Labs and others have announced large-scale layoffs impacting hundreds of workers, the U.S. cannabis industry is poised to become a significant jobs creator in the coming years. According to Vangst, a cannabis recruiting agency, the number of available cannabis jobs have increased by 79% over the last year.
In an interview with THCnet, Theory Wellness VP Matt Gamble discusses his experience in the marijuana business, and shares his thoughts on why other CPG professionals should consider a career in cannabis.
Hundreds of New England-based cannabis industry professionals turned out for the 3rd annual Cannabis World Congress & Business Exposition (CWCB Expo), held last week at the Hynes Convention Center in Boston. In addition to connecting with suppliers and CBD brands, attendees heard from a number of industry stakeholders across several seminar sessions.