U.S.-based Acreage Holdings Inc., a leading provider of integrated cannabis cultivation and distribution services across multiple states, has reported the resignation of its CEO, Peter Caldini, set to take effect on June 30, 2023.
Expressing gratitude and admiration for Caldini’s contributions, Kevin P. Murphy, the chairman and founder of Acreage, stated, “Peter’s tenure was characterized by exceptional leadership and achievement of strategic milestones, including leading Acreage through pivotal moments and substantial transformation. His strategic insight was instrumental in enhancing our presence amidst the inauguration of adult-use sales in numerous key states, simultaneously improving our profit margins significantly. Peter effectively re-established Acreage as a forerunner in the sector and positioned the enterprise for accelerated growth as an integral component of Canopy USA. Peter has our profound thanks for his exemplary leadership throughout his tenure at Acreage, and we extend our best wishes for his future endeavors.”
In response, Caldini expressed, “I take immense pride in the work that we accomplished as a team at Acreage. My tenure was marked by a series of transitions and immense effort to lay a solid foundation for consistent growth in parallel with the development of the industry. My heartfelt thanks go to the entire company and the board for their unwavering support over the years. I am excited about Acreage’s future as a pivotal element of Canopy USA.”
The COO of Acreage, Dennis Curran, will step in as CEO starting July 1, 2023. Curran, who joined Acreage in March 2022, carries over 35 years of leadership experience in sales, distribution, and marketing, having previously held top-tier positions at GSK Consumer Health and Procter & Gamble.
Murphy commented on this appointment, saying, “Since his integration into Acreage, Dennis has spearheaded numerous successful projects and provided the kind of leadership necessary to streamline the company’s operations. Dennis has proven himself to be a significant resource for Acreage, and we eagerly anticipate his ongoing contributions in his new capacity as CEO.”
On his new role, Curran conveyed, “I am deeply honored and excited to be leading the outstanding team at Acreage as we strive to become an essential component of Canopy USA. This transition could not come at a more thrilling time for the company. I would like to express my gratitude to Peter for his tremendous efforts in priming us for success.”
