May 24, 2021 at 11:54 am
Exclusive Interview with Incoming TILT Holdings CEO Gary Santo
TILT Holdings (CSE: TILT) (OTCQB: TLLTF) has been through a few different iterations since its inception. Now, President Gary Santo is preparing to step into the CEO role, effective June 1, and guide the company through a growth phase. Santo spoke with New Cannabis Ventures about TILT’s leadership change, the current business model and how the company will grow with federal legalization in mind. The audio of the entire conversation is available at the end of this written summary.
The New CEO
Santo has worked in finance for more than two decades. Every company he has worked with undergone some kind of significant transformation, whether in the form of going public or M&A followed by a delisting and relisting. When he looked at cannabis, Santo saw the need for that kind of transformational experience. He saw TILT getting back to basics to find a business model that works. With a stabilize
TILT Holdings Inc (CSE:TILT) (OTCQX:TLLTF) President Gary Santo tells Proactive the cannabis-focused group explains how the group plans to achieve its.
Earlier this month, the Commonwealth Dispensary Association (“
CDA”) filed a lawsuit against the
Cannabis Control Commission related to new delivery regulations that would benefit social equity and economic empowerment operators. Commonwealth Alternative Care (“
CAC”), a wholly owned subsidiary of
TILT”) and a member of the CDA, has been clear in expressing its concerns regarding the possibility of filing such a suit and is extremely disappointed in the CDA’s decision to pursue litigation.
TILT firmly believes that social equity operators can and must be a vital part of the cannabis ecosystem and while there is always room for improvement with newly drafted regulations, we do not think that engaging in litigation achieves any such improvement.