Acreage Hires Steve Hardardt As Chief People Officer

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NEW YORK, Aug. 08, 2019 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. ("Acreage") (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0ZV) today announced the hiring of Steve Hardardt as Executive Vice President, Chief People Officer and Administration (CPO). A human resources and operations executive with over 30 years of experience at such companies as Dow Jones, Inc., Frito-Lay, Inc., Monsanto, Inc., tw telecom and others, Mr. Hardardt will be responsible for leading Acreage's Human Resources team to ensure the integration and implementation of HR strategy and programs with Acreage's business objectives. He will report to Kevin Murphy, Chairman and CEO of Acreage.

For five years prior to joining Acreage, Mr. Hardardt owned and operated Noble Coaching & Consulting, providing strategic human resources related consulting services and executive leadership coaching assistance. Prior, he served as Senior Vice President, Human Resources & Business Administration at tw telecom from 2007 to 2014, where he led the development of the company's people strategy to enable growth plans, actively shaped and enhanced people-related business processes, and led the execution of talent acquisition and development.  As Vice President, Human Resources & Communications, at Johns Manville from 2003-2007, Mr. Hardardt transformed three independent operating units into a market-focused organization structured to create and capture value with multiple channel partners, customers and end users. His time at Honeywell, Monsanto, Hasbro, Frito-Lay and Dow Jones included buildouts of international teams, turnarounds of underperforming business units and supporting integrations of acquisitions, among other responsibilities.

"An organization is only as good as its people, and Steve has consistently helped organizations align and engage their people to achieve strategic business objectives," said Mr. Murphy. "His experience recruiting and developing top talent, transforming business units to deliver results, and leading integrations are crucial as we continue to improve and evolve operationally as a company."

"I'm very excited to be joining the Acreage family. After speaking with many members of the team, it's clear that we are focused on building something special for our customers, our employees and our shareholders. I look forward to enabling our leaders and employees to contribute to our mission."

 – Steve Hardardt, Executive Vice President, Chief People Officer and Administration of Acreage

Disclaimer: Past performance is not an indicator of future performance.

ABOUT ACREAGE

Headquartered in New York City, Acreage is one of the largest vertically integrated, multi-state operators of cannabis licenses and assets in the U.S., according to publicly available information.  Acreage owns licenses to operate or has management or consulting services or other agreements in place with license holders to assist in operations in 20 states (including pending acquisitions) with a population of approximately 180 million Americans, and an estimated 2022 total addressable market of $16.7 billion in legal cannabis sales, according to Arcview Market Research.  Acreage is dedicated to building and scaling operations to create a seamless, consumer-focused branded cannabis experience.  Acreage's national retail store brand, The Botanist, debuted in 2018.

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Louis O'Neill
Louis O'Neill

Louis is a writer based in Sydney with a focus on social and political issues. Having interviewed local politicians and entrepreneurs, Louis now focuses on cannabis culture, legislation & reform.

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