High Times shakes up their executive team again!
For the third time this year, High Times Holding Corp. has decided to go a different direction when it comes to who holds the title of chief executive officer.
Per MJbizdaily
Stormy Simon, previously of Overstock.com, has stepped down as CEO after only four months on the job, Los Angeles-based High Times Holding said Wednesday in a news release.
She is being replaced by Peter Horvath, former chief commercialization officer at American Eagle Outfitters and former chief operating officer for Victoria’s Secret.
High Times now has its third CEO in a little more than a year, including Kraig Fox, who departed the company last Dec. 24 after nine months in the role.
Horvath most recently ran Ohio-based cannabis retailer Green Growth Brands, but he resigned in March after a turbulent few months that included the company jettisoning its CBD lines after a lackluster holiday sales season.
Horvath arrives at High Times amid the company’s scramble to attract investors as part of a Regulation A public stock offering.
The change comes as High Times announced that they would shift their sights towards the retail side of cannabis.