Boris Jordan, a longtime leading figure at Curaleaf Holdings and the marijuana multistate operator’s executive chair, is now taking on the role of CEO.
New York-based Curaleaf announced Jordan’s elevated role during its quarterly earnings call on Wednesday – when it also staked out a bold new position on its federal tax liability.
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Matt Darin, the company’s CEO since May 22, is retiring retire but will remain a “special advisor” to the company for the rest of the year, according to a news release.
Jordan said in a statement that, as CEO, he will “oversee all day-to-day operations” and “navigate the strategic direction.”
Q2 losses, stock upheaval, tax strategy
Curaleaf reported second-quarter losses of $49.8 million, with interest and real-estate expenses wiping out
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