Revolution hires Craig Johnson as CEO

Johnson previously was CEO of BigName Commerce, an online seller of customized bags, envelopes and folders for businesses, until the private-equity-backed company merged with an office products retailer late last year. He also was CEO of specialty food retailer Harry & David when it came out of bankruptcy.

Dusty Shroyer, a well-respected cultivation executive who has helped Revolution build a line of popular products, will remain president and chief operating officer.

Johnson takes over Revolution, which is one of the bigger marijuana growers in Illinois, at a tricky time in the industry. The company has cultivation and dispensary licenses in Missouri, and it manages two dispensaries in Illinois, four medical-use dispensaries and a cultivation center in Arkansas, and a dispensary in Maryland. The company has 450 employees.

Revolution is building out a multistate footprint just as the industry’s fortunes have taken a hit. Growth is slowing in many states, and a severe downturn in marijuana stocks that is worse than the overall decline in the stock market has made private investors skittish.

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