Humble & Fume Announces Appointment of Chris Candelario to Newly Created Role President of US Distribution & Departure of Charlie Cangialosi

Rhea-AI Summary

Humble & Fume Inc. (CSE: HMBL, OTCQX: HUMBF) announced significant leadership changes on April 25, 2023. Chris Candelario will assume the role of President of US Distribution effective April 26, 2023, while Charlie Cangialosi, the VP of Commercial for California, will depart the company on April 28, 2023, to focus on family and travel. CEO Jakob Ripshtein expressed gratitude for Cangialosi's contributions and optimism about Candelario's appointment, citing his nearly 20 years of experience in the distribution industry, including leadership roles in sales and logistics. This strategic move aims to enhance the company’s distribution capabilities and customer service. Humble & Fume is a prominent distributor in the North American cannabis market, known for its customer-centric approach and robust operational infrastructure.

Positive

• Appointment of Chris Candelario as President of US Distribution expected to enhance leadership.
• Candelario brings nearly 20 years of experience from RYL Distribution, potentially improving operations.
• Change in leadership may lead to better strategies and customer service.

Negative

• Departure of Charlie Cangialosi may create a gap in leadership and continuity.

TORONTO, April 25, 2023 /PRNewswire/ - Humble & Fume Inc. (CSE: HMBL) (OTCQX: HUMBF) ("Humble" or the "Company"), a leading North American distributor of cannabis and cannabis accessories, supported by a customer-centric sales team and robust fulfillment infrastructure, today announced the appointment of Chris Candelario as the President of US Distribution effective April 26, 2023, and the departure of Charlie Cangialosi, VP of Commercial for the California market from the company.

"Charlie has decided to step away to spend time with his family and travel," commented CEO Jakob Ripshtein. "We wholeheartedly support his decision and wish him the best in his future endeavours. We are grateful for Charlie's exceptional leadership and dedication to driving our sales growth." Charlie's last day with the company is April 28, 2023

Mr. Ripshtein continued, "We are excited to strengthen our US-based team with the addition of Chris Candelario in the newly created role of President of Distribution."

Chris joins Humble from RYL Distribution as a veteran of almost twenty years in the distribution industry. He served as President, providing leadership across multiple areas, including sales, marketing, logistics, supply chain and retail activation. Chris will report directly to Mr. Ripshtein.

"I am looking forward to joining the Humble team to develop and implement strategies, policies and procedures to help fulfill our customers' needs," said Chris. "Providing exceptional service is my focus, and I am confident we will exceed customer expectations by working with key stakeholders such as suppliers, distributors, and regulators."

Chris is a San Diego State University graduate.

ABOUT HUMBLE & FUME INC.

Humble & Fume Inc. is a leading North American distributor of cannabis and cannabis accessories, supported by a customer-centric sales team and a strong fulfillment infrastructure. As the only fully integrated cannabis distribution solution, Humble bridges the gap for retailers, licensed cannabis producers, multi-state operators, and cannabis consumers to maximize sales penetration, and increase financial performance. With over 20 years of North American operating experience, Humble has cultivated extensive vendor and customer relationships, distributing premium cannabis consumables and consumption devices.
SOURCE Humble & Fume Inc.

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SOURCE Humble & Fume Inc.

FAQ

Who is Chris Candelario and what is his role at Humble & Fume?

Chris Candelario has been appointed as the President of US Distribution effective April 26, 2023, bringing nearly 20 years of distribution industry experience.

Why is Charlie Cangialosi leaving Humble & Fume?

Charlie Cangialosi is stepping down to spend more time with his family and travel, with his last day being April 28, 2023.

What impact might the leadership changes have on Humble & Fume's operations?

The appointment of Chris Candelario could strengthen the company's distribution strategies and enhance customer service, though Cangialosi's departure may initially disrupt leadership continuity.