Cannabis News Briefs for February 5, 2019February 5, 2019
•New York Governor Andrew Cuomo’s plan to legalize recreational marijuana in his state budget proposal was called into question this week by state Assembly Speaker Carl Heastie, who worries that there are too many considerations to hammer out by the April 1st deadline. Heastie, a Democrat, expects legislation to be finalized closer to the end of the session in June, if then. Cuomo reiterated his commitment to his timeline, telling WCNY, “Six weeks is a long period of time. So I’m not ready to give up yet.”
•Nanaimo, British Columbia-based cannabis producer Tilray has announced the appointment of four senior executives, including one from Diageo. Former Nestlé executive Greg Christopher will become Tilray’s new executive vice president of operations, and former Coca-Cola counsel Dara Redler will be its general counsel. Former Starbucks vice president Charlie Cain has assumed the title of vice president of retail and will oversee the development of Tilray’s retail strategy for North America. Rita Segiun, who was formerly a senior vice president of operations for Diageo North America was named head of human resources. Tilray has a foot in both the drinks and retail world, having partnered with AB InBev to develop THC beverages, and with Authentic Brands Group (of Aeropostale and Nine West, among others) to sell co-branded cannabis products like lotions and cosmetics.Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning. You will also receive the Cannabis edition as part of your subscription.