Pache.co Information Technologies

BOCA RATON, Florida, October 18, 2021 – PRESS RELEASE – , a vertically integrated multi-state cannabis operator, announced the appointment of Edward (Ed) Kremer as the company’s chief financial officer (CFO). Kremer brings over 20 years of financial leadership experience across various industries, including technology, fashion, manufacturing, wholesale distribution, licensing and retail.

Kremer most recently served as chief operating and restructuring officer of Le Tote and Lord & Taylor, overseeing the organization’s M&A and restructuring efforts. Before his time at Le Tote and Lord & Taylor, he held several executive leadership and finance roles with public and private equity-backed leading consumer products companies, most notably Oakley, Oliver Peoples, Beats Electronics (Beats by Dr. Dre), Noon Home and 360fly.

In his new role, Kremer will report to Jushi’s CEO, chairman and founder, Jim Cacioppo. He will be responsible for overseeing the company’s accounting and finance departments, while leading financial strategies and acting as a key business partner to the senior leadership team. Jushi will seek regulatory approval, as necessary, to effectuate Kremer’s role and responsibilities in the various jurisdictions where Jushi is, or will become, licensed as a cannabis operator.

“I am pleased to welcome Mr. Kremer to our leadership team,” Cacioppo said. “As we continue to position Jushi for the future, his passion for the cannabis industry, strong leadership, and extensive experience in driving financial and operational improvements is expected to have an immediate positive impact on our company. I am confident Ed will be an excellent addition to our team as we continue to organically grow and strategically target inorganic opportunities.”

“I am thrilled to join the Jushi team at such a critical time of growth for the company,” Kremer said. “As we continue to execute on Jushi’s vision, strategies and financial priorities, I look forward to partnering with the entire team to build on the company’s strong momentum and bring added value to our shareholders and customers.”

Jushi also announced that Kimberly Bambach has stepped down from her role as CFO effective immediately. Ms. Bambach will remain with the company in a support role through Dec. 1 2021, and as a consultant to the company for an additional four months to ensure a continued smooth transition.

“From nearly Jushi’s inception, Kim has been an invaluable member of our senior leadership team,” Cacioppo said. “We are incredibly grateful for her service and tenure with our company. Her expertise in building strong companies and implementing financial and accounting systems and processes has been instrumental to our success. I want to sincerely thank Kim for her countless contributions to Jushi and wish her the best of luck in her future endeavors.”

SANTA CRUZ, California, October 19, 2021 — PRESS RELEASE —  (CW), an agrotechnology solutions provider, is launching a program, along with  an MEP and building design firm, to reward social equity programs across the country with up to $1.25 million in products and services necessary to launch or optimize a regulated commercial cannabis cultivation operation.

CW has pledged up to $1 million, and AMCON will provide up to $250,000 in professional services at no cost.

To be eligible for consideration, projects need to be verified or in the process of being verified as a “social equity” business by their governing jurisdiction, have secured a site and provide a written plan that can be implemented within 12 months.

Selected new or existing social equity cannabis cultivation projects will receive awards ranging from a minimum of $25,000 up to $250,000 worth of a wide range of services, including site design with detailed mechanical, electrical and plumbing schematics and equipment specs, regulatory compliance consulting, procurement, installation, and other assistance for all types and sizes of commercial cannabis operations in the U.S.

In making the announcement, Cultivation Warehouse principals Eric Paulin and Eric Shedlarski said, “We owe our success to the partnerships we’ve developed with many of the pioneers in cannabis cultivation. We’ve witnessed the harm caused by cannabis prohibition, and we’re hopeful that this commitment of resources will help mitigate some of that and expand diversity within the cannabis industry.”

“We’ve been fortunate to work with some of the best, most profitable businesses in the sector,” they added. “We want to share the expertise we’ve gained from over 20 years of involvement in every type and size of operation to help reduce the barriers to entry inherent in the current highly competitive and highly regulated environment.”

Applicants will be assessed for viability, and awardees will be selected based on various factors, including their needs, location, and timeline.

As part of this groundbreaking program, every eligible applicant will receive a free feasibility review of their proposed project.