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Goodness Growth Holdings Announces Departure of Chief Operating Officer

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Goodness Growth Holdings, Inc. (CSE: GDNS; OTCQX: GDNSF) has announced the departure of Chief Operating Officer Christian Gonzalez-Ocasio, effective immediately. He will assist as a consultant during the transition. Gonzalez-Ocasio has been COO since November 2020 and previously served as Executive VP of Operations. The company does not plan to replace him immediately; responsibilities will be managed by existing internal staff. CEO Kyle Kingsley expressed gratitude for Gonzalez-Ocasio's contributions, highlighting his role in expanding manufacturing and dispensary networks.

Positive
  • CEO Kyle Kingsley acknowledges COO's contributions in company growth.
  • No immediate replacement means stability in leadership during transition.
Negative
  • Departure of a key executive may raise concerns about leadership stability.
  • Potential impact on ongoing projects or operations due to transitional phase.

MINNEAPOLIS, Dec. 9, 2022 /PRNewswire/ -- Goodness Growth Holdings, Inc. ("Goodness Growth" or the "Company") (CSE: GDNS; OTCQX: GDNSF), a physician-led, science-focused cannabis company and IP developer, today announced the departure of Chief Operating Officer, Christian Gonzalez-Ocasio. The Company intends to engage Mr. Gonzalez as a consultant for an interim period to help ensure a smooth transition with the Company's leadership team.

Chairman and Chief Executive Officer, Kyle Kingsley, MD, commented, "We're very grateful for Christian's many contributions to the Company over the past three years. His leadership was instrumental in our transformation as we expanded manufacturing capabilities and grew our network of dispensaries. We thank Christian for his efforts and wish him well in his future endeavors."

Mr. Gonzalez had been serving as Chief Operating Officer of the Company since November 2020. He previously served as Executive Vice President of Operations, supporting manufacturing and retail initiatives, beginning in October 2019. The Company does not plan to immediately seek a replacement for the Chief Operating Officer position. Responsibilities of the position will be filled by a mix of existing internal resources.

About Goodness Growth Holdings, Inc.

Goodness Growth Holdings, Inc., is a physician-led, science-focused holding company whose mission is to bring the power of plants to the world. The Company's operations consist primarily of its multi-state cannabis company subsidiary, Vireo Health, Inc., and its science and intellectual property developer, Resurgent Biosciences, Inc. The Company manufactures proprietary, branded cannabis products in environmentally friendly facilities and state-of-the-art cultivation sites, and distributes its products through its growing network of Green Goods® and other retail locations and third-party dispensaries. Its team of more than 500 employees are focused on the development of differentiated products, driving scientific innovation of plant-based medicines and developing meaningful intellectual property. Today, the Company is licensed to grow, process, and/or distribute cannabis in five markets and operates 18 dispensaries across the United States. For more information about Goodness Growth Holdings, please visit www.goodnessgrowth.com.

Contact Information




Investor Inquiries:

Media Inquiries:

Sam Gibbons

Amanda Hutcheson

Vice President, Investor Relations

Senior Manager, Communications

samgibbons@goodnessgrowth.com

 amandahutcheson@goodnessgrowth.com   

(612) 314-8995

 (919) 815-1476

 

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SOURCE Goodness Growth Holdings, Inc.

FAQ

What is the reason for the COO's departure at Goodness Growth Holdings?

Christian Gonzalez-Ocasio is leaving his position as COO to assist as a consultant during the transition.

Who will take over the COO responsibilities at Goodness Growth Holdings?

Responsibilities will be managed by a mix of existing internal resources.

When did Christian Gonzalez-Ocasio join Goodness Growth Holdings?

He joined as Executive Vice President of Operations in October 2019 and became COO in November 2020.

What does Goodness Growth Holdings focus on?

Goodness Growth is a science-focused cannabis company with operations in manufacturing and retail.

What is the stock symbol for Goodness Growth Holdings?

The stock symbol for Goodness Growth Holdings is GDNSF on OTCQX and GDNS on CSE.

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