Grassroots Cannabis is a multi-state operating cannabis company headquartered in Chicago, dedicated to serving, advancing and respecting the cannabis movement. Through its unique, vertically integrated business model, Grassroots grows, processes and sells trusted cannabis products. Its retail brand, Herbology, offers a unique, wellness and education-focused dispensary experience.
Grassroots Cannabis has built its portfolio at an unprecedented pace, with operating licenses in 12 highly competitive markets, including Illinois, Pennsylvania, Michigan, Maryland, Oklahoma, Ohio, Vermont, North Dakota, Nevada, Arkansas, Arizona and Connecticut. The company controls 61 dispensary licenses with 26 currently operating. The executive management team is composed of a group of highly skilled business leaders united by a common belief: Cannabis inspires us to live deeply.
In July 2019, Grassroots Cannabis announced a definitive merger agreement with Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), a leading vertically integrated cannabis operator. The highly complementary acquisition brings together the largest public and largest private multi-state operators in the U.S. to offer a full range of products to consumers in 20 states across the country. The deal is expected to close in early 2020 pending relevant state and federal approvals. The combined company will be the largest cannabis company in the U.S.
Mitch brings more than 20 years of chief executive experience in his role as Founder and Chief Executive Officer of Grassroots Cannabis and its affiliated entities. Mitch co-founded Grassroots in 2014 and has successfully led the company from its inception into a vertically integrated national cannabis company with 48 licenses and operations in 10 states
currently. Mitch is also the Chairman of Frontline Real Estate Partners, a highly successful commercial real estate investment and advisory company headquartered in Chicago which has acquired properties in excess of $150,000,000 since its inception in 2010.
Prior to co-founding Frontline, Mitch founded and served as President & CEO of Hilco Real Estate. During his tenure, Mitch built Hilco Real Estate from a startup subsidiary of the Hilco Organization into one of the country’s leading real estate restructuring, disposition, valuation, and appraisal firms.
Mitch earned a J.D. (Northwestern University Law School), a Certified Public Accountant license, and a B.A. from the University of Wisconsin-Madison.
Brian Schinderle currently serves as the EVP of Finance for Grassroots Cannabis. Brian has 20+ years of buy-side institutional investing experience managing fixed income and equity assets. Brian leads Grassroots Cannabis’ strategy, M&A, Investor Relations and capital markets activities. Brian is the Founder and Managing Partner of Solidum Capital Advisors. He also serves on the advisory board of Altitude Investments, a cannabis venture fund, and on the advisory board of AIM PLC, a London based investment company focused on EU cannabis investments. Brian has served on various corporate boards and is an active private investor across the cannabis space.