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TILT Holdings (CSE:TILT) appoints Dana Arvidson as COO

Cannabis
CSE:TILT
22 July 2021 15:00 (EDT)
TILT Holdings - COO, Dana Arvidson.

Source: TILT Holdings.

TILT Holdings (TILT) has strengthened its leadership team with the appointment of Dana Arvidson as Chief Operating Officer.

As TILT’s COO, Arvidson will provide leadership toward strategic objectives and establish KPIs to gauge the effectiveness of operational processes.

In partnership with Chief Financial Officer Brad Hoch, Arvidson will be responsible for delivering strong results across sales, profitability and market expansion.

Arvidson has more than 20 years of experience in roles focused on achieving growth objectives and enhancing operating results.

He recently served as Vice President of Corporate Development for PhyNet Dermatology, a physician practice management company, where he led the acquisition, practice valuation, negotiation and integrating practices.

Previously, he was Vice President of Capital Markets and Investor Relations for The First Marblehead Corporation, where he executed securitization transactions, developed the company’s equity and debt investor base and helped facilitate the successful sale of non-core assets.

Gary Santo, CEO of TILT Holdings, commented,

“We are thrilled to welcome Dana to TILT’s executive team as we enter our next stage of growth. His strong capital markets acumen coupled with extensive acquisition and integration experience will make Dana a tremendous asset for us as we continue to drive shareholder value through the efficient execution of our long-term strategic initiatives.”

“TILT brings a differentiated strategy to the cannabis landscape with exceptional growth potential and an experienced leadership team, which made TILT an obvious choice for me,” Arvidson said. “I look forward to working with the team to strengthen operational efficiencies, while also enhancing TILT’s portfolio of brands, strategic partnerships, hardware solutions and cannabis operations.”

TILT services cannabis brands and retailers through a portfolio of companies providing technology, hardware, cultivation and production.

TILT Holdings (TILT) is up by 3.64 per cent and is currently trading at $0.57 per share as of 1:39 pm ET.

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