Indus Holdings, Inc. Promotes Jenny Montenegro to the Role of the Chief Operating Officer Effective Immediately
June 16, 2020 at 09:23 am
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Indus Holdings, Inc. announced that Jenny Montenegro, its Vice President of Commercialization has been promoted to the role of the company's Chief Operating Officer effective immediately and will report directly to the Chief Executive Officer and Co-Founder Mark Ainsworth. Ms. Montenegro will oversee the cultivation, distribution, manufacturing, and sales departments. In her role, she will direct these functional areas, providing the tools they need to be successful, and ultimately holding departmental leaders accountable and fiscally responsible to meet their KPIs that align with the company's overall financial goals of profitability. Ms. Montenegro joins Indus' leadership team following a successful tenure as Vice President of Commercialization, where she was responsible for planning and managing the timeline of launch of brand products into the market. This led the company stage gate process for the development of products in edible, topical, and extraction manufacturing of its THC and Hemp-CBD divisions. In addition, she served a critical role in shifting the company's culture to one that is margin and KPI-driven.
Lowell Farms Inc. is a cannabis company with vertically integrated operations, including cultivation, extraction, processing, manufacturing, branding, packaging and wholesale distribution to retail dispensaries. The Company manufactures and distributes proprietary and select third-party brands throughout the State of California. It also provides manufacturing, extraction and distribution services to select third-party cannabis and cannabis branding companies and sells proprietary bulk flowers and brokers third-party bulk flowers to licensed distribution and manufacturing companies in California. Its brands include Lowell Smokes, Lowell Herb Co, House Weed, Kaizen, Moon, Original Pot Company, Flavor Extracts, Humble Flower and Cypress Cannabis. The Company operates approximately 40,000-square-foot of processing facility, a 15,000-square-foot manufacturing and laboratory facility in Salinas, California, and laboratory facility in Salinas, California, and others.