ACRHF - Acreage Announces Executive Leadership Transition | Benzinga
NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Acreage Holdings, Inc. ("Acreage" or the "Company") (CSE:ACRG, ACRG.B.U)) (OTCQX:ACRHF, ACRDF)), a vertically integrated, multi-state operator of cannabis cultivation and retailing facilities in the U.S., announced that Philip Himmelstein, Vice President of Financial Planning & Analysis at Acreage, will be assuming the role of Interim Chief Financial Officer, effective December 31, 2023. Carl Nesbitt has elected to step down from his role as Chief Financial Officer to pursue new opportunities, effective December 31, 2023. Mr. Nesbitt has also resigned from the Board of Directors of the Company, effective immediately.
"Philip has been an integral member of Acreage for a number of years, and we are very pleased to welcome him to the executive team," said Dennis Curran, Chief Executive Officer and Chairman of Acreage. "Philip has demonstrated outstanding leadership and played a crucial role in several Company milestones, including the streamlining of our operations and recent enterprise resource planning rollout. We are confident that he brings the required strategic oversight and financial acumen to guide us as we work towards the completion of our transaction with Canopy Growth Corporation."
Philip Himmelstein joined Acreage in September 2020, with 17 years of experience in health care and financial services before joining the cannabis industry. Philip has held leadership roles in financial planning & analysis at Blackrock and operational finance and controllership roles at NYU Langone Medical Center. At Acreage, he has led the FP&A team and has contributed to various corporate development and strategic planning initiatives.
Curran continued, "Carl has been a valued member of the Acreage team, and on behalf of the Company and the Board, I'd like to thank him for his contributions. We wish him all the best as he pursues new opportunities."
About Acreage Holdings, Inc.
Acreage is a multi-state operator of cannabis ?cultivation and retailing facilities in the U.S., including the Company's national retail store ?brand, The Botanist. With its principal address in New York City, Acreage's wide range of national and regionally available cannabis products include the award-winning brands The Botanist and Superflux, the Prime medical brand in Pennsylvania, and others. Since its founding in 2011, Acreage has focused on building and scaling operations to create a seamless, consumer-focused, branded experience. Learn more at www.acreageholdings.com and follow us on Twitter, LinkedIn, Instagram, and Facebook.
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