Doug Francis actions aside as CEO to serve as Chairman President Chris Beals to Assume Function as CEO
IRVINE, Calif.–(Organization WIRE)–Weedmaps nowadays announced that the Company’s Board of Directors has appointed Chris Beals as Chief Executive Officer, successful March six, 2019. In addition to assuming day-to-day leadership of Weedmaps, Beals will serve as a member of the Company’s Board. Due to the fact joining the Business in August 2015, Beals has served as Weedmaps’ President and Common Counsel and has led the development of the Company’s government relations, finance and compliance functions. Weedmaps announced that co-founder and prior CEO, Doug Francis, has been appointed Chairman of the Company’s Board of Directors.
“Ten years ago, my co-founder Justin Hartfield and I set out to bootstrap a marijuana technologies business that not only aimed to be commercially profitable, but also endeavored to market freedom by way of the repeal of marijuana prohibition. We have constructed a unique business and left a optimistic mark on society. To my Weedmaps loved ones, it has been an honor to lead you by way of these altering instances,” stated Francis.
“We have exceeded our dream ambitions, and it is time for the subsequent chapter,” Francis continued. “Chris has spent the final 4 years immersed in our sector and culture. He created a dichotomy that offers us an benefit an enterprise executive that knows the complicated tribal understanding and history of the weed business enterprise. Chris is a visionary and has currently accomplished an outstanding job navigating the regulatory and development challenges of a nascent and nebulous cannabis landscape. The Board and I are very confident in his potential to lead the Business forward.”
“I am extremely excited to assume this new function and for the future of the Business,” stated Beals. “We have an exceptionally talented group at Weedmaps, that is focused on scaling our technologies and information platform to present interconnected options for the whole cannabis business enterprise and customer spectrum. Our position as a top technologies business servicing the cannabis sector combined with our astounding leadership group puts us in an outstanding position to succeed. In addition, constructing upon the original vision of Doug and Justin, Weedmaps continues to expand its function as a top voice for cannabis legalization and decriminalization across the nation.”
Aside from Board duties at Weedmaps, Francis will be focusing his time on legalization efforts with the Business as effectively as advising and managing other cannabis brands about the planet.
Founded in 2008, Weedmaps is a top technologies and computer software infrastructure provider to the cannabis sector. Our suite of cloud-primarily based computer software and information options involves point of sale, logistics and ordering options that allow clients to scale their companies whilst complying with the complicated and disparate regulations applicable to the cannabis sector. In addition, our platform supplies shoppers with info concerning cannabis goods across net and mobile platforms, like listing nearby retailers and brands, facilitating solution discovery and permitting shoppers to educate themselves on cannabis and its history, makes use of and legal status. Headquartered in Irvine, California, Weedmaps employs additional than 400 specialists about the planet, like in Barcelona, Berlin, Boston, Denver, New York, Phoenix and Toronto.
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