Key Cannabis Exec Changes You Need To Know About: Dutchie Taps New CEO, Illinois' New Cannabis Officer & More

Key Cannabis Exec Changes You Need To Know About: Dutchie Taps New CEO, Illinois' New Cannabis Officer & More

Dutchie Names New CEO

Cannabis-tech company Dutchie has named a new CEO, reported Marijuana Business Daily.

Executive chair Tim Barash agreed to replace the company's co-founders, brothers Ross and Zach Lipson, who decided to step down.

Prior to joining Dutchie, Barash was the chief business officer and chief financial officer at the restaurant management software company Toast Inc TOST.

"The cannabis industry has been through a wild run of ups and downs as it has evolved over the past few years," Barash said in a statement. "I am deeply committed to helping our customers, our team, and our partners navigate the challenges of this exciting and dynamic space while advancing our mission to create safe and easy access to cannabis."

Illinois Has New Cannabis Regulation Oversight Officer

Illinois Gov. J.B. Pritzker recently appointed Erin A. Johnson to serve as the state's Cannabis Regulation Oversight officer.

Johnson replaces Danielle Perry, who resigned earlier this year.

"Erin Johnson's commitment to equity will serve Illinois well as she takes the reins as the state's Cannabis Regulation Oversight Officer," Pritzker said in a statement on Monday. "From serving as the Chief of Staff at the Illinois Department of Juvenile Justice to working as Associate General Counsel and Chief Diversity Officer, Erin has the experience, education, and expertise to thrive in this role while advancing cannabis equity throughout Illinois. I can think of no better person than Erin to serve as our Cannabis Regulation Oversight Officer and I wish her all the best in this new position."

EnWave Names New CFO

EnWave Corporation ENW (FSE: E4U) has appointed Dylan Murray to oversee the company's finance department.

Murray is a CPA and began his career with Ernst & Young. He brings over ten years of progressive financial leadership to the company with diversified experience in the real estate and cannabis industries, working in both public and private companies.

Item 9 Promotes Mike Weinberger To CEO

Item 9 Labs Corp. INLB has promoted Mike Weinberger to serve as its new CEO.

Prior to this, Weinberger served as chief franchise officer of the Phoenix-based company.

Weinberger is a 20-plus-year franchise industry veteran and was responsible for the launch of Item 9's dispensary franchise, Unity Rd., in 2018.

"The future of cannabis is franchising," said Weinberger. "Franchising levels the playing field by giving independent entrepreneurs an opportunity to enter cannabis and have the buying power, resources and talented team that typically is only seen among the larger multi-state operators."

Medical Marijuana's Kannaway Strengthens Leadership Team With New Appointments

Medical Marijuana, Inc. MJNA 's subsidiary Kannaway, has tapped two industry veterans to leadership roles within the organization, including Mike Randolph as executive vice president and Mike Kolinski as vice president of information technology.

Randolph is a 31-year veteran of the industry, bringing a combination of entrepreneurial spirit and a diverse professional background with him to Kannaway. He will be charged with oversight of Kannaway's internal and external communication, customer service and compliance.

Kolinski brings 25 years of industry experience, having worked in both sales and customer support roles, before taking on a leadership role in information technology, where he has held the vice president title for nearly two decades.

Emily Paxhia Exits Ascend Wellness' Board, New Appointments

Emily Paxhia, a co-founder and managing partner of cannabis hedge fund Poseidon Investment Management resigned from Ascend Wellness Holdings, Inc.'s AAWH AAWH board recently, reported Marijuana Business Daily.

Rebecca Koar, Ascend's senior vice president of investor relations said the company was thankful for Paxhia's contributions. Paxhia was one of the early investors in the company.

"I will note that Emily indicated in her resignation letter that her decision to resign was not the result of a disagreement with Ascend's operations, policies, or practices," Koar wrote in an email.

Simultaneously, the company announced additional changes to its board in connection with its ongoing leadership transition. Dan Neville, AWH's Interim co-CEO and Joshua Gold, independent, have been appointed to the board.

Gold will become chair of the Audit Committee and a Compensation & Corporate Governance Committees member. Scott Swid agreed to chair the Compensation & Corporate Governance Committee and will remain a member of the Audit Committee.

Shrine Group Appoints New CFO

Shryne Group, Inc. tapped Gregory Fink to supervise its financial department.

Fink will be responsible for streamlining operations to maximize profitability in his new position as Shryne Group continues to build one of America's leading cannabis companies.

Fink joins Shryne Group after over 30 years in finance across various industries. He most recently served as CFO, treasurer and CAO of comScore, Inc.

"Providing a strategic view as well as financial and operational discipline to the organization will allow the company to accelerate its growth further while maintaining financial stability, governance and compliance," Fink said.

Humble & Fume Elects Directors

Humble & Fume Inc. HMBL HUMBF announced on Thursday the voting results for the 2022 annual general meeting of shareholders, held on Nov. 30.

The following five nominees were elected to the board of directors of the Toronto-based company:

  • Mark Hubler
  • Shawn Dym
  • Robert Ritchot
  • Matthew Shalhoub
  • Jakob Ripshtein
  • Photo: Courtesy of Hunters Race on Unsplash
Posted In: appointmentsDutchieDylan MurrayEmily PaxhiaexecutivesGregory FinkJ.B. PritzkerKannawaymarijuanaMike WeinbergerPoseidon Investment ManagementpremiumTim BarashUnity RdCannabisNewsPenny StocksEntrepreneurshipMovers & ShakersSmall CapMarketsGeneral

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