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Jushi: management change

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TheQueen
(@gtosali1967)
Honorable Member
Joined: 1 year ago
Posts: 215

   
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paul laeser
(@pauljlaeserhotmail-com)
Trusted Member
Joined: 11 months ago
Posts: 36
 

That's a bit different. There may be more to it then meets the eye.


   
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Jeff Spahn
(@jeffspahn2011gmail-com)
Estimable Member
Joined: 1 year ago
Posts: 107
 

This is interesting going to another MSO he seems to have a non compete for 1 year

 Ed Kremer has resigned from his position as Chief Financial Officer to accept a role at a competing large cannabis multi-state operator. Mr. Kremer’s resignation will take effect today, July 12, 2022.  Mr. Kremer is party to an employment agreement with Jushi, which, among other things, prohibits him from working for a competitor for a 12-month period. While Jushi is appreciative of Mr. Kremer’s hard work to support the timely filing of audited financials, the Company takes such post-employment obligations seriously and will take steps to enforce its contractual rights.

The Company announced that President and Founder, Jon Barack, will assume the additional role of interim Chief Financial Officer with immediate effect. Since Jushi’s founding, Jon has played an instrumental role in overseeing multiple business lines and corporate activities, including capital raising, going public and deal-making as well as operational oversight of various departments such as FP&A, Business Development, IT, Construction and Real Estate. Jon has worked in finance and investing for nearly 20 years following the receipt of a JD and MBA from Northwestern University and a BA from Princeton University.


   
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paul laeser
(@pauljlaeserhotmail-com)
Trusted Member
Joined: 11 months ago
Posts: 36
 

@jeffspahn2011gmail-com I'm curious to know what his motivation was for leaving Jushi.


   
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