David Dinenberg is an American business executive best known as the founder and former CEO of KIND Financial. [1] [2]
David Dinenberg was born in Philadelphia and graduated from Pennsylvania State University. [3] He currently resides in Los Angeles with his family. [4]
Dinenberg was the co-founder and executive vice president of Real Chef, which developed its own proprietary brand of cooking tools and foods, as well as the nationally known Flavor Magic. [5]
After leaving Real Chef, Dinenberg was the chief operating officer and a partner at Tycoon Entertainment, a full-service film finance and production company. His responsibilities included the day-to-day operations of the company, deal structure, sourcing debt for the projects as well as budget oversight. He worked with agents, lawyers, producers and distributors, both foreign and domestic. [5]
Dinenberg was Chief Operations Officer of Grasso Holdings in Philadelphia, [6] a full-service real estate development company, where he ran day-to-day operations for the 45 person organization managing an asset portfolio valued in excess of $400 million. [7] Dinenberg was recognized as one of the Top 20 people to Watch in the Philadelphia Area by Philadelphia Magazine. [4]
Dinenberg founded and was the CEO of KIND Financial, a financial technology company providing software solutions to businesses within the cannabis industry transact securely and in compliance with laws and regulations. [4] He has been interviewed or quoted by several media outlets including CNBC, [8] Inc., [9] Forbes, [10] Philadelphia magazine, [11] The Deal, [12] and LA Business Journal. [13] Dinenberg was forced to step down and turnover his company-issued shares of KIND Financial in September of 2023 as investors lost financial visibility of the company and accused him of breach of fiduciary duty and misuse of company funds.
Dinenburg co-founded the Philadelphia Retail Advisory Board. [14] In 2012, he was named the president and member of the board of directors for the Philadelphia Chapter of the Jewish National Fund, the youngest ever president of any Jewish foundation in the United States. [15] [16]
High Times is an American monthly magazine that advocates the legalization of cannabis as well as other counterculture ideas. The magazine was founded in 1974 by Tom Forcade. The magazine had its own book publishing division, High Times Books, and its own record label, High Times Records.
Wesley Wayne Weber is a Canadian who is considered one of the country's most prominent counterfeit banknote creators. Weber succeeded in counterfeiting the 1986 series Canadian hundred-dollar bill. They were the highest quality computer produced counterfeits of Canadian banknotes to date. Between ten and nineteen percent of retailers nationwide refused accepting 100 dollar bills as payment, due to the difficulty of identifying the fake copies. In 2006 the Canadian documentary series Masterminds featured an episode about him.
WeedMaps is a tech company serving the cannabis industry, founded in 2008 by Justin Hartfield and Keith Hoerling.
Justin Hartfield is an entrepreneur and venture capitalist from Orange County, California. He is a co-founder and general partner at the Ghost Group venture capital firm and was the CEO at WeedMaps before stepping down in 2016 to pursue other ventures.
MedMen Enterprises was a United States-based cannabis company. At its peak, it had operations in California, Nevada, Arizona, Florida, Illinois, New York, and Massachusetts. MedMen owns and operates 29 retail stores and 6 cultivation facilities and is currently licensed to expand its footprint to 65 retail locations. Its stock began trading on the Canadian Securities Exchange under the ticker symbol MMEN in 2018. The CSE suspended trading of MedMen's stocks on January 8, 2024 pursuant to cease trade orders from the Ontario Securities Commission and British Columbia Securities Commission, and the stocks were delisted on May 16, 2024. MedMen was also traded over-the-counter in the United States under the ticker symbol MMNFF. MedMen is based in Culver City, California and has more than 1,000 employees.
Canopy Growth Corporation, formerly Tweed Marijuana Inc., is a cannabis company based in Smiths Falls, Ontario.
Medical Marijuana, Inc. is a holding company with subsidiaries that make and sell a range of hemp-based products.
KIND Financial is an American start-up focused on providing financial technology services for the cannabis industry. KIND would fail to launch, with CEO and founder David Dinenberg departing the company on May 4, 2023.
Cannabis in Pennsylvania is illegal for recreational use, but possession of small amounts is decriminalized in several of the state's largest cities. Medical use was legalized in 2016 through a bill passed by the state legislature.
Tokyo Smoke is a Canadian recreational cannabis retail brand owned by OEG Inc. that operates in the provinces of Manitoba, Ontario, Newfoundland and Labrador, and Saskatchewan. It was co-founded by father and son Lorne and Alan Gertner in 2015.
Rachel K. Gillette is an American attorney who specializes in law relating to marijuana and the cannabis industry. Gillette is based in Lafayette, Colorado. As a lawyer, she is licensed to practice law in Colorado and Connecticut.
The cannabis industry is composed of legal cultivators and producers, consumers, independent industrial standards bodies, ancillary products and services, regulators and researchers concerning cannabis and its industrial derivative, hemp. The cannabis industry has been inhibited by regulatory restrictions for most of recent history, but the legal market has emerged rapidly as more governments legalize medical and adult use. Uruguay became the first country to legalize recreational marijuana through legislation in December, 2013. Canada became the first country to legalize private sales of recreational marijuana with Bill C-45 in 2018.
Aurora Cannabis Inc. is a Canadian licensed cannabis producer, headquartered in Edmonton. It trades on the Toronto Stock Exchange and Nasdaq as ACB. As of September 2018, Aurora Cannabis had eight licensed production facilities, five sales licences, and operations in 25 countries. It had a funded capacity of over 625,000 kilograms of cannabis production per annum with the bulk of capacity based in Canada and a growing presence in international markets, particularly Denmark and Latin America. The company began trading on the NYSE on October 23, 2018, using the ticker ACB.
Hypur is a Scottsdale-based payment and banking technology platform that was built to enable financial institutions to responsibly and sustainably bank highly regulated industries, such as cannabis.
Acreage Holdings is a public company domiciled in British Columbia, Canada, holding a portfolio of cannabis cultivation, processing and dispensing operations in the United States.
Global X Investments Canada Inc. is a financial services company that offers exchange-traded funds. On May 1, 2024, the company changed its name from Horizons ETFs to Global X Investments Canada Inc. In April 2017, Global X began offering the first cannabis industry focused exchange-traded fund (ETF), Global X Marijuana Life Sciences Index ETF. The company is also the fourth-largest ETF provider in Canada, with more than CAD$30 billion in assets as of April 2023.
Cresco Labs, Inc. is a publicly traded, vertically integrated cannabis and medical marijuana company based in Chicago, Illinois, with current retail operations in nine states where marijuana has been legalized for medical use. The company's stock trades on the Canadian Securities Exchange under the ticker symbol CL, and in over-the-counter markets in the United States with the ticker symbol CRLBF.
The COVID-19 pandemic had a significant impact on the cannabis industry. Investor's Business Daily said the industry was affected as "customers stock up on prescriptions and recreational customers load up on something to make the lockdown a little more mellow or a little less boring".
Christina "Chris" Visco was a businesswoman and retail professional best known for her work in the cannabis industry.
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