Green Growth Brands announces CEO’s departure

Green Growth Brands, an embattled cannabis retailer in the process of selling off its line of mall-based CBD kiosks, said its CEO has stepped down, effective immediately.

The outgoing CEO, Peter Horvath, came to the Columbus, Ohio, company after leading company strategy for retail giants such as Victoria’s Secret, American Eagle Outfitters, DSW and Limited Brands.

After a disappointing holiday sales period, Green Growth Brands announced in February that it is selling most of that business to focus on running marijuana dispensaries.Horvath’s departure comes after a tumultuous few months for the company, which owns the nation’s largest chain of CBD retail kiosks.

Troubled cannabis retailer Green Growth Brands announces CEO’s departure

 

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