Who's Who In Cannabis: Latest Executive Changes You Should Know About

Green Thumb Strengthens Board Of Directors

Green Thumb Industries Inc. GTII GTBIF, a cannabis company behind RISE Dispensaries, announced recently that Richard Reisin and Hannah (Buchan) Ross agreed to serve on its board of directors as independent members.

Reisin will serve on the audit committee and Ross will serve on the audit and compensation committees of the board. The new appointments bring the company’s board of directors to a total of nine members.

Reisin brings vast experience in operations, legal, finance and accounting, while Ross has knowledge in branding, capital markets, investments, finance, and procedures.

“Both individuals will bring valuable insights and perspectives to the Board, and we look forward to the positive impact they will have on the business as we prepare for the future of cannabis in the United States, including a potential listing on a major U.S. exchange,” Ben Kovler, the company’s founder, chairman and CEO, said.

Meanwhile, on Thursday, Wendy Berger, another board member at the Chicago-based cannabis operator, shared data during her appearance at the Benzinga Cannabis Capital Conference in Chicago that showed that 25% of the total board of director seats at the 11 largest publicly traded companies by market cap are held by women and 11% by minorities.

Canopy Growth Elects Directors

Canopy Growth Corporation WEED CGC recently announced the voting results from its annual general and special shareholders meeting earlier this week.

Each of the directors listed as a nominee was elected at the meeting to serve as a director of the company until its next annual shareholders meeting or until their successor is duly elected or appointed, including:

Judy A. Schmeling
David Klein
Garth Hankinson
Robert L. Hanson
David Lazzarato
James A. Sabia
Theresa Yanofsky

Goodness Growth CFO Resigns

Goodness Growth Holdings, Inc. GDNS GDNSF said on Tuesday that its CFO, John Heller, opted to depart the company effective September 30 to accept a new external opportunity.

Interim CEO Josh Rosen agreed to assume the additional role of interim CFO.

“The strength of the team John has established, combined with our increasingly less complex organization give us confidence that we can fulfill our CFO responsibilities with existing internal resources,” Rosen said.

TILT Names Tim Conder As Permanent CEO

TILT Holdings Inc. TILT TLLTF said on Tuesday that interim CEO Tim Conder opted to assume the role of permanent CEO.

Conder has been a member of TILT’s board of directors since October 2019, has served as the company’s president and chief operating officer from July 2019 until November 2020, and has served as interim CEO since April 2023.

The company also appointed Art Smuck as chair of the board, succeeding John Barravecchia, who will continue to serve as a board member and chair of the audit committee.

Smuck brings extensive experience with large cannabis brands and complex distribution operations to his new role.

Conder has 15 years of experience operating innovative, high-performing teams in the technology, logistics and supply-chain sectors.

Prior to TILT, Conder co-founded Blackbird Logistics, a technology and logistics provider in the cannabis space, in 2015, and most recently served as the president of the Blackbird business unit and chief technology officer at HERBL, Inc., a distributor and supply chain provider for cannabis.