Upon acceptance of a report from a special committee of independent directors which reviewed and confirmed allegations against its chief executive officer, iAnthus Capital Holdings accepted the resignation of CEO Hadley Ford. iAnthusco-founder and President Randy Maslow was named interim CEO. Maslow also serves as a member of the Federal Policy Council of the National Cannabis Industry Association, and on the board of directors for the Cannabis Trade Federation, the New Jersey Cannabis Industry Association, and the New York Medical Cannabis Industry Association.
“I look forward to working closely with Randy as interim CEO and the special committee as the company explores strategic alternatives,” said iAnthus Chief Strategy Officer Elizabeth Stavola.
The company additionally announced the resignation of Mark Dowley from its board of directors.