Green Thumb Industries President Resigns
Green Thumb Industries (OTC: GTBIF) is presumably on the hunt for a new president, following the resignation of the man previously occupying the job, Armen Yemenidjian. The move was announced by the company late on Monday. It did not state whether it has yet found a replacement.
According to Green Thumb's press release, Yemenidjian is stepping down to spend more time with his family. However, the company added that he will continue to work with it over the next six months. During that time, it quoted him as saying he is "committed to helping the company do what it takes to continue to achieve its goals."
Yemenidjian's continued efforts will focus on Green Thumb's operations in Nevada, where he resides, and California. Both states have legalized the sale and consumption of recreational marijuana, and are thus considered attractive markets for cannabis businesses.
Source Fool.com
