Scatterday named CEO of cannabis firm Tilt Holdings

Tilt Holdings, a Massachusetts-based marijuana company with a focus on technology, on Wednesday installed Mark Scatterday as permanent CEO.

Hehad served as the companys interim CEO since May 2019.

In another move,Tilt announced that Chief Operating Officer Tim Conder also will serve as company president.

Scatterday toldMarijuana Business Daily last September that, in his interim role, he planned to focus capital where is really needed and grow the company’s business in constrained marketssuch as Massachusetts.

On Wednesday, he said he plans to grow the “business around a refined strategy of technology and innovation.”

Scatterday had a busy start as interim CEO, including:

• Alawsuit against Tilt over its marketing tactics.
• A decision to move away from“management and loan” practicesthat drew the ire of Massachusetts regulators.
• An agreement with six of Tilt’s founders to forfeit their stock options.

Before joining the company as interim CEO, Scatterday was the founder and CEO of Jupiter Research, a vaping technology company acquired by Tilt in January 2019.

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Originally posted on Scatterday named CEO of cannabis firm Tilt Holdings via Cannabis Industry News