Green Thumb Industries (CSE: GTII) has seen the resignation of Alex Yemenidjian from the firms board of directors as of this morning. The announcement comes roughly a year and a half after the appointment of Yemenidjian to the firms board, which occurred following the acquisition of Integral Associates.
The appointment of Yemenidjian originally occurred in June of last year, following the close of the acquisition of Integral Associates, the Nevada based firm that operated three Essence retail stores across Las Vegas, as well as operated two cultivation centres and owned nine additional retail licenses across Nevada and California. The resignation is reportedly as a result of Yemenidjian’s desire to pursue gaming license opportunities, an area in which he is highly experienced.
Commenting on his departure, Yemenidjian was brief in his remarks, stating, “I continue to have the utmost confidence in Green Thumb as a significant shareholder and look forward to watching the company continue to serve as an industry leader.”
The company has not indicated whether the position on the firms board will be replaced.
Green Thumb Industries last traded at $30.42 on the CSE.
Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization unless otherwise mentioned. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
