NEW YORK, July 23, 2019 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. ("Acreage") (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0ZV) today announced the appointment of Laurence Wolfe as Senior Vice President, Manufacturing and Distribution. A senior operations and supply chain executive with more than 20 years of experience leading brands in the food, media and alcohol industries, Mr. Wolfe will leverage Acreage's industry leading 20-state footprint (including pending acquisitions) to build a world-class end-to-end supply chain (in compliance with applicable laws), develop strategic supply chain partnerships, and ensure customer excellence. Mr. Wolfe will report to Acreage Chief Operating Officer Robert Daino.
Mr. Wolfe joins Acreage from Gartner, Inc. where he was a Leadership Partner in supply chain advisory and consultancy. Prior to Mr. Wolfe's position with Gartner, Inc., he was Senior Vice President of Operations of Heineken USA, where he was responsible for the end-to-end supply chain management across the U.S.
Mr. Wolfe was also the Regional Director of Supply Chain for Pernod Ricard in the Americas Region, where he demonstrated a talent for driving market competitiveness, supply chain development and delivering profitable growth. Prior to serving as Regional Director of Supply Chain at Pernod Ricard, Mr. Wolfe was the Director of Logistics and Customer Service for Pernod Ricard in the United Kingdom, where he was responsible for customer relationship management, third-party logistics, and ownership of commercial supply chain management.
"Laurence brings an extensive track record for leading end-to-end supply chains achieved through exceptional business leadership, transformational strategy and best-in-class operations."
– Acreage Chief Operating Officer Robert Daino
Daino went on to say about Laurence: "he possesses the leadership and skill set required to build and implement a system that promises our customers the highest quality experience in our dispensaries and with all of our products."
Disclaimer: Past performance is not an indicator of future performance.
Headquartered in New York City, Acreage is the largest vertically integrated, multi-state operator of cannabis licenses and assets in the U.S. with respect to the number of states with cannabis related licenses, according to publicly available information. Acreage owns licenses to operate or has management or consulting services 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 more than $17 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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