KushCo Holdings and Greenlane Holdings are diligently putting together the pieces of their anticipated merger, which is expected to happen sometime during the current quarter or the third quarter. One of the questions that has to be worked out as the two cannabis companies come together is how the leadership will be structured. That question has now been answered, as KushCo and Greenlane have formulated their plan on what the post-merger company will look like at the executive level.
Once Greenlane acquires KushCo, Nick Kovacevich, the latter’s CEO, will continue as the chief executive for the new company. Bill Mote, who is now Greenlane’s chief financial officer, will continue in that role. Greenlane co-founders Aaron LoCascio and Adam Schoenfeld will serve as President and Chief Strategy Officer, respectively.
In addition to these positions, others have been announced, as well. William Bine will be the chief operating officer, Rhiana Barr will be the chief people officer, Douglas Fischer will be General Counsel and Richard Finlow will act as managing director for European operations. Michael Cellucci will be the President of CPG Sales and Andrew Goodman will serve as the Senior VP of Packaging. Other senior leadership roles will be announced as the merger draws closer.
Kovacevich, who co-founded KushCo and also serves as its chairman, explains, “We are thrilled to be assembling a best-in-class leadership team with decades of combined experience in cannabis and CPG. Collectively, we will form a leading ancillary cannabis company in our industry. This team is fully capable of leading the combined organization and executing on our core strategies, which include building a world-class product and service platform, cross-selling to our complementary customer bases, and providing enhanced value to our amazing customers as they continue to expand and as the industry continues to evolve. This is an exciting and major step forward in the integration planning process, and I look forward to continue working with the rest of the leadership team to complete the planning process, build upon our high-performance teams and people-first culture, and set the combined company up for success starting on day one.”
Congratulation!