Doug Francis measures aside as CEO to serve as Chairman President Chris Beals to Assume Part as CEO

IRVINE, Calif.–(Business enterprise WIRE)–Weedmaps currently announced that the Company’s Board of Directors has appointed Chris Beals as Chief Executive Officer, successful March six, 2019. In addition to assuming day-to-day leadership of Weedmaps, Beals will serve as a member of the Company’s Board. Due to the fact joining the Enterprise in August 2015, Beals has served as Weedmaps’ President and Basic Counsel and has led the development of the Company’s government relations, finance and compliance functions. Weedmaps announced that co-founder and preceding CEO, Doug Francis, has been appointed Chairman of the Company’s Board of Directors.

“Ten years ago, my co-founder Justin Hartfield and I set out to bootstrap a marijuana technologies organization that not only aimed to be commercially thriving, but also endeavored to market freedom via the repeal of marijuana prohibition. We have constructed a particular organization and left a good mark on society. To my Weedmaps family members, it has been an honor to lead you via these altering occasions,” mentioned Francis.

“We have exceeded our dream objectives, and it is time for the subsequent chapter,” Francis continued. “Chris has spent the final 4 years immersed in our sector and culture. He created a dichotomy that provides us an benefit an enterprise executive that knows the complicated tribal information and history of the weed enterprise. Chris is a visionary and has currently carried out an extraordinary job navigating the regulatory and development challenges of a nascent and nebulous cannabis landscape. The Board and I are really confident in his potential to lead the Enterprise forward.”

“I am extremely excited to assume this new function and for the future of the Enterprise,” mentioned Beals. “We have an exceptionally talented group at Weedmaps, that is focused on scaling our technologies and information platform to offer interconnected options for the complete cannabis enterprise and customer spectrum. Our position as a top technologies organization servicing the cannabis sector combined with our astounding leadership group puts us in an extraordinary position to succeed. In addition, constructing upon the original vision of Doug and Justin, Weedmaps continues to expand its function as a top voice for cannabis legalization and decriminalization across the nation.”

Aside from Board duties at Weedmaps, Francis will be focusing his time on legalization efforts with the Enterprise as effectively as advising and managing other cannabis brands about the planet.

ABOUT WEEDMAPS

Founded in 2008, Weedmaps is a top technologies and computer software infrastructure provider to the cannabis sector. Our suite of cloud-primarily based computer software and information options contains point of sale, logistics and ordering options that allow buyers to scale their firms although complying with the complicated and disparate regulations applicable to the cannabis sector. In addition, our platform delivers shoppers with information and facts with regards to cannabis solutions across internet and mobile platforms, which includes listing regional retailers and brands, facilitating solution discovery and permitting shoppers to educate themselves on cannabis and its history, utilizes and legal status. Headquartered in Irvine, California, Weedmaps employs much more than 400 pros about the planet, which includes in Barcelona, Berlin, Boston, Denver, New York, Phoenix and Toronto.

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