Gelato Cannabis announced the successful acquisition of its California cannabis operations, bringing the company under a unified ownership and leadership structure that also includes Michigan and Arizona.
Lawrence Dawood has been appointed as chief operating officer of Gelato Cannabis, following his recent transition into this role to help steer the company through the acquisition. Chris Hindo has been named chief executive officer.
The company said key benefits of the acquisition include ability to scale operations across multiple markets, a brand legacy anchored in California, demonstrated operational efficiency established through Michigan's success, and a unified multi-state platform that supports long-term growth and collaboration across regions.
"This acquisition represents a transformative moment for Gelato Cannabis, as California is now integrated into a fully unified, multi-state organization," said Hindo. "We emphasize continuity, cultural respect, and clear communication during this transition. Near-term operations will continue as 'business as usual,' while we thoughtfully align our strategies for future growth."
This strategic move is designed to lay the foundation for Gelato Cannabis's further market expansion.
