cannabis company Tilt Holdings Inc. TILT TLLTF announced that Gary Santo resigned as CEO.

board member Tim Konder took over the position of interim CEO effective April 21.

This is the latest of several significant changes in industry leadershipincluding Flora Growth Corp.‘S FLGC designation Hussein Rakine as its new CEO the following Louis Kaufmans resignation.

Conder has been a board member since 2019 and previously served as a board member previously served as President and COO of TILT

“Tim has served TILT for more than four years as an executive, director and trusted advisor and is familiar with our business strategy, leadership team and financial goals,” said TILT’s CEO John Barravecchia called In a prepared statement.

Mark Scatterdayformer CEO of TILT, has also been appointed as Senior Advisor focused on the company’s Jupiter inhalation business.

Scatterday, founded by Jupiter researchran TILT until May 2021 and was CEO until December 2022.

On Monday night, TILT closed at $0.06 per share and down 3.54%.

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