Goodness Progress Holdings Publicizes Administration Reorganization
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– Josh Rosen promoted to function of Interim Chief Govt Officer –
– Firm Founder, Dr. Kyle Kingsley, to imagine function of Govt Chairman –
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– Decentralized state market groups designed to enhance working and monetary efficiency –
MINNEAPOLIS, Feb. 14, 2023 (GLOBE NEWSWIRE) — Goodness Progress Holdings, Inc. (“Goodness Progress” or the “Firm”) (CSE: GDNS; OTCQX: GDNSF), a hashish firm centered on offering protected entry, high quality merchandise and nice worth to its prospects, right now introduced the reorganization of a number of govt roles and tasks, every of that are efficient instantly. These adjustments end in a extra decentralized organizational construction which provides state-level working groups larger flexibility to implement market-specific methods as a way to drive improved operations and monetary efficiency.
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The Firm introduced that Josh Rosen has been promoted to the function of Chief Govt Officer on an interim foundation. Firm founder, Dr. Kyle Kingsley, will assume the function of Govt Chairman. Chief Administrative Officer Amber Shimpa has been promoted to the function of President of the Firm and CEO of subsidiary Vireo Well being of Minnesota, LLC.
Govt Chairman Dr. Kyle Kingsley stated, “Josh has been a useful member of our group all through the course of his tenure on our board and most just lately in his function as Interim President. We consider he’s uniquely suited to guide the Firm’s transformation as Interim CEO. Our Firm was constructed on a proud basis of medical and scientific management, however our trade is evolving with nice complexity, and we consider Josh’s expertise and management shall be instrumental in shaping our enterprise with a extra exact give attention to localized operational excellence and disciplined capital allocation.”
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Josh Rosen commented, “I’ve all the time believed that the Goodness Progress and Vireo groups have the potential to grow to be true leaders in the way forward for this trade, with their medical heritage and geographically engaging operations. I’m happy with my preliminary two months of intense work and sit up for serving to the Firm seize the alternatives in entrance of it. US hashish corporations are persevering with to function inside many difficult environments and our workforce has taken appreciable measures just lately to raised place ourselves for the longer term. A few of these adjustments required tough choices that impacted our workforce in New York and our residence state of Minnesota, leading to a leaner, extra cohesive company workforce.”
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Amber Shimpa commented, “I’m proud to guide Vireo Well being of Minnesota into the longer term, and sit up for working extra carefully with our workforce members and associate organizations to enhance the lives of sufferers and different Minnesotans who’ve been negatively impacted by the failed conflict on medication. Our groups have recognized a number of focus areas that shall be crucial for us to execute upon efficiently this 12 months, and we sit up for discussing these initiatives in additional element on our upcoming fourth-quarter and year-end outcomes convention name subsequent month.”
About Goodness Progress Holdings, Inc.
Goodness Progress Holdings, Inc. is a hashish firm whose mission is to offer protected entry, high quality merchandise and worth to its prospects whereas supporting its native communities by energetic participation and restorative justice applications. The Firm is evolving with the trade and is within the midst of a change to being considerably extra customer-centric throughout its operations, which embody cultivation, manufacturing, wholesale and retail enterprise traces. In the present day, the Firm is licensed to develop, course of, and/or distribute hashish in 5 markets and operates 18 dispensaries throughout the US. For extra details about Goodness Progress Holdings, please go to www.goodnessgrowth.com.
Contact Info
Investor Inquiries:
Sam Gibbons
Vice President, Investor Relations
[email protected]
(612) 314-8995
Media Inquiries:
Amanda Hutcheson
Senior Supervisor, Communications
[email protected]
(919) 815-1476
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