Acreage Holdings CEO Elects to Resign in Leadership Transition

Peter Caldini is stepping down at the end of the month; Dennis Curran, the company’s chief operating officer, was appointed to assume the reins.

NEW YORK, June 2, 2023 – PRESS RELEASE – Acreage Holdings Inc., a vertically integrated, multistate operator of cannabis cultivation and retailing facilities in the U.S., announced that Peter Caldini has elected to resign from his position as CEO, effective June 30, 2023.

Kevin P. Murphy, chairman and founder of Acreage, said, “During his tenure, Peter surpassed our objectives and led Acreage through many formative events, including its recent dramatic transformation. He brought the strategic guidance required to expand our footprint at the onset of adult-use sales in multiple core states while delivering on our plan to significantly improve our profitability. Peter restored Acreage’s position at the forefront of the industry and equipped the business to accelerate our growth trajectory as a part of Canopy USA. On behalf of myself and the board, we are incredibly grateful to Peter for his strong leadership throughout his time at Acreage and we wish him all the best in his future pursuits.”

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