Not A Good Sign: Former president and co-founder of Cresco Labs resigns from Chicago cannabis firm’s board

The Chicago Tribune is reporting…

Three months after stepping down as president of Cresco Labs, Joe Caltabiano has resigned from the board of the Chicago-based cannabis firm.

The decision, which Caltabiano announced in a news release Friday, severs all executive ties to Cresco Labs, which Caltabiano co-founded in 2013 and helped grow into one of the largest cannabis operators in the U.S., from production facilities to its recreational marijuana dispensaries.

Caltabiano said Monday he resigned from Cresco’s board as he “explores other opportunities” in the cannabis industry.

“As I look to move on to the next chapter, it is becoming apparent that whatever I do will have an operational component as well as a board component to it,” Caltabiano, 43, said in an interview. “Sitting on two company boards isn’t really a viable option.”

Full report:  https://www.chicagotribune.com/business/ct-biz-cresco-former-president-resigns-board-cannabis-20200608-ayfvbzlewfdehhe6fxy4ieaqcy-story.html?utm_medium=email&utm_source=newsletter&utm_campaign=MJD_20200609_News_Daily

Cannabis Law Report Has Been Publishing Legal, Professional & Regulated
Cannabis News Daily Since 2016 – All For Free

We want to carry on providing the important cannabis sector
news for free for all our readers.

Costs are rising to produce Cannabis Law Report and we’d like to ask you,
our readers, for a small donation.


Primary Sponsor

New: Free USA Cannabis Case Law Search – New Cases Daily

Directory Categories

Sponsor – aBizinaBox

Top Marijuana Blog
%d bloggers like this: