Metrc strengthens its management team with
To support continued growth, Jeff Wells moves from CEO to visionary director, Michael Johnson is promoted to managing director
Lewis Koski is elevated to chief strategy officer, with Steve Asma as senior vice president of customer experience
LAKELAND, Fla., May 18, 2022 (GLOBE NEWSWIRE) — Metc, the most trusted and experienced provider of cannabis regulatory systems in the United States, announced that Jeff Wells, Co-Founder and Chairman of the Board, has transitioned from CEO to Chief Visionary Officer (“CVO”) , and in his place, Michael Johnson, a Metrc veteran who served as President and Chief Financial Officer (“CFO”), has been named CEO, effective immediately. The company also announced that Lewis Koski, who served as Chief Operating Officer (“COO”) since 2019, has been promoted to Chief Strategy Officer (“CSO”). Additionally, Steve Asma, Head of Operations and Customer Experience, joins the Metrc team as Senior Vice President of Customer Experience.
“These are exciting times for Metrc, with cutting-edge technological advancements that will pave the way for more sophisticated programs that keep markets safe and secure,” said Jeff Wells. “As we rapidly grow our business, we believe this is the perfect time to restructure and expand our management team. Since joining Metrc, Michael has played a critical role in scaling our business, making fundamental financial decisions and improving business practices at all levels. It has been a privilege to serve and represent Metrc as CEO – I am exceptionally proud of the work we have done and look forward to continuing to work closely with Michael in his new role. Moving to CVO, I will have the opportunity to help shape and see through our company’s long-term vision – to provide the data needed to ensure a safe, diverse and legal cannabis market. resilient, as well as exceptional service. Our brightest days are ahead of us.
Michael Johnson added, “It is an honor to become CEO of such an innovative and groundbreaking company. This dedicated and creative team has collectively guided our business processes and dramatically expanded our operations, providing a foundation for the efficient and impactful company that we have become. I would like to express my deepest gratitude to Jeff, our leadership team, and the Board of Directors for the opportunity to lead the advancement of our RFID technology and SaaS platform, which is transforming the blockchain industry. regulated supply. I look forward to leading Metrc into its next chapter of growth – continuing our mission to drive technology innovation and data-driven regulations. Together, we will provide a solid foundation for this booming industry for many years to come.
Johnson’s experience in managing highly effective teams, integrating business units and establishing enterprise-wide processes has consistently led to the alignment of customer experience and the profitability. During his tenure as President and CFO of Metrc, he transformed its organizational infrastructure, hired high-level leaders at all phases, and led annual growth of nearly 50%. Prior to joining Metrc, Johnson spent his career building hyper-growth technology companies, working with investors and overseeing financial operations. Most recently, he served as CFO of InformedDNA, the largest genetic services provider, where he led the company through consecutive years of strong growth, before selling the company to private investors. Prior to InformedDNA, Johnson served as CFO of CM Group, a family of global marketing technology brands, where he drove cost reductions and increased margins through acquisitions, financings and business restructurings. companies. He is also Lean Six Sigma Black Belt certified.
Metrc’s new CSO, Lewis Koski, has been with Metrc since 2019, serving as the company’s COO. Koski has been instrumental in building lasting relationships with a diverse set of industry and government stakeholders while providing strategic leadership at Metrc, including scaling operations, expanding of its footprint and more than tripled the number of employees. Intimately involved in supporting the development and implementation of cannabis policy from the inception of medical markets through the achievement of legalization, he continues to play a pivotal role in safeguarding the needs and concerns of businesses. while strengthening regulatory markets. Prior to Metrc, he served as Deputy Principal Director of the Colorado Department of Revenue’s Commercial Enforcement Group, directing state policy regarding regulated markets and enforcement. Koski also served as director of the Colorado Marijuana Enforcement Division, where he helped create the first state agency in the United States to develop and implement medical and adult cannabis policy.
Steve Asma, a results-driven operations manager with over 15 years of experience scaling global teams, joins Metrc as SVP of Customer Experience. He brings deep expertise in building customer-centric cultures and enduring operational rigor in the service of cutting-edge products and experiences. Previously, Asma served as Vice President of Fintech and Disruptor Operations at Sitel Group, one of the world’s top three contact center companies. Prior to Sitel, he held similar operations leadership roles as well as program management office responsibility at Sykes Enterprises and Frontier Communications, leveraging collaborative skills to achieve exceptional results.
Metrc now holds exclusive government contracts in all regions of the United States, with a total of 21 government contracts to date. Although these areas have varying regulatory frameworks, each jurisdiction shares the common goal of ensuring the safety of legal cannabis markets. With four new state contracts announced in March and April 2022 alone, Metrc is at the forefront of Radio Frequency Identification (RFID) data collection for regulatory compliance in the country. To date, the company has a 100% contract renewal rate and has tracked over 150 million cannabis plants and 70 million packages. These numbers are expected to increase rapidly with the expansion of existing markets and the creation of new markets. Metrc continues to be the preferred partner for regulators and enterprises to meet their unique needs and objectives.
Metrc is the most trusted and experienced provider of cannabis regulatory systems in the United States. Our solution combines advanced software, radio frequency identification (RFID), a dedicated customer support team and a secure database to track cannabis from growing, harvesting and processing to testing, transport and disposal. the sale. Metrc is engaged in 21 government contracts and serves more than 300,000 users, including growers, testing facilities, dispensaries, state regulators and law enforcement officials. We are proud to play a leading role in ensuring the safety and security of the national legal cannabis market.