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.
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