Acreage Holdings Sees COO Retire From Company

Acreage Holdings (CSE: ACRG.A.u) this morning announced that it has seen a member of its executive team announce their retirement. Robert J Daino will be stepping down from his role as Chief Operating Officer of the company in pursuit of retirement.

However, unlike most retirements in the cannabis sector, it appears this one has been announced well in advance. Daino won’t be stepping down from the role until March 31, 2022, providing the company with significant time to find a suitable replacement, a rarity in the space.

“I am truly humbled and incredibly proud to have helped lead Acreage from its non-public days of a holding company to a publicly-traded multi-state operator. The opportunity to work with so many passionate and highly talented people who are joined together by a set of exceptional values has been rewarding for me each and every day,” Daino said of his retirement.

Acreage has begun a search for his replacement, with Daino agreeing to work towards an “orderly and efficient transition of responsibilities to his successor.”

Acreage Holdings last traded at $2.06 on the CSE.


Information for this briefing was found via Sedar and Acreage Holdings. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Leave a Reply

Video Articles

We’re At The Start of a Great Silver Boom | Ross McElroy & Andy Bowering – Apollo Silver Corp

Equinox Gold Q1 Earnings: When Everything Goes Wrong

SSR Mining Q1 Earnings: Costs Continue To Climb

Recommended

First Majestic Makes Second Major Discovery At Santa Elena In Just A Year

PTX Metals Hits 235.1 Metres Of Copper, Nickel Mineralization In Longest Intercept To Date At W2

Related News

Acreage Holdings Reports Declining Revenues Of $31.5 Million, Net Loss Of $45.5 For Q4 2020

Acreage Holdings (CSE: ACRG.a, ACRG.b) this evening issued a press release outlining its financial results...

Tuesday, March 9, 2021, 06:00:00 PM

Acreage Holdings Fined $250,000 By Massachusetts Cannabis Control Commission

Acreage Holdings (CSE: ACRG.u) has settled its affairs with the state of Massachusetts regarding previously...

Thursday, July 9, 2020, 08:19:13 PM

Acreage Holdings Posts Q4 Loss of $217mm on Revs of $10.4mm

Acreage Holdings (CSE: ACRG.u) reported earnings for Q4 2018 yesterday after the bell, indicating a...

Wednesday, March 13, 2019, 05:05:03 AM

Acreage Holdings Announces Loan Bearing 60% Interest Per Annum

It appears that Acreage Holdings (CSE: ACRG.u) is tight for money in a major way....

Wednesday, June 17, 2020, 08:59:46 AM

Acreage Holdings Sells Florida Ops To Red White & Bloom For $60.0 Million

Acreage Holdings (CSE: ACRG.A.u) has sold its Florida operations. The company this morning announced in...

Thursday, February 25, 2021, 07:11:00 AM