Marijuana Business Magazine - May-June 2018

W hen is a good time to give up the responsibilities of the corner office? It’s a question that confronts a grow- ing number of top marijuana industry executives who founded their businesses. As the cannabis industry matures, a number of the early companies have grown to the point where their founders are beginning to recognize they’re no longer the right person to run them. It’s a situation mainstream CEOs have faced for decades. “Success- ful CEO-cum-founders are a very rare breed,” business professor Noam By Margaret Jackson Passing the How cannabis CEOs who founded companies can tell when it’s time to call it quits and appoint a successor BATON 102 • Marijuana Business Magazine • May-June 2018