Yearly Archive: 2019
Interview, Part 1: Ben Kovler, Founder and CEO, Green Thumb Industries
Chicago-based cannabis company Green Thumb Industries has emerged as a player to watch as the legal cannabis business gains momentum across the U.S. In its fiscal second quarter ended in June, Green Thumb saw revenues triple to $45 million, while adjusted EBITDA reached $5 million. With brands including Rythm, The Feel Collection, and Beboe, as well as retail outlets under the Rise and Essence banners, Green Thumb is active in 12 states and recently acquired one of New York state’s 10 vertically integrated licenses. Founder, chairman, and CEO Ben Kovler has ties to the drinks industry—his great-grandfather Harry Blum was a driving force behind the development of the Jim Beam brand in the U.S. SND executive editor Daniel Marsteller recently caught up with Kovler to discuss the road ahead for Green Thumb and the U.S. cannabis business in general. Continue reading →
Posted in News on September 17, 2019Former Patrón Marketer Lee Applbaum Named CMO At Surterra
Earlier this year, Atlanta-based cannabis company Surterra Wellness named former Patrón Spirits CEO Ed Brown as executive director. Continue reading →
Posted in News on September 17, 2019Bacardi’s Pete Carr Joins Trait Biosciences Advisory Board
Cannabis biotech firm Trait Biosciences has formed a strategic advisory board and appointed three prominent drinks industry veterans to its ranks. Continue reading →
Posted in News on September 17, 2019Cannabis Briefs for September 17, 2019
•The House of Representatives will take a full floor vote on the SAFE Banking Act by the end of the month, according to a spokesperson for Majority Leader Steny Hoyer. Continue reading →
Posted in News on September 17, 2019Michael Jordan And Partners Launch Cincoro, A New Upscale Tequila
Cincoro, a new high-end Tequila helmed by a team of NBA owners—including Michael Jordan—and finance professionals, has launched in 12 markets across the U.S. Continue reading →
Posted in News on September 16, 2019Meiomi Unveils Largest Marketing Effort To Date With New “Flavor Forward” Campaign
Meiomi is set to take to TV for the first time under a new campaign called “Flavor Forward,” which parent company Constellation says represents the brand’s largest-ever marketing effort. Continue reading →
Posted in News on September 16, 2019
