secwatch.observer — SEC 8-K summary
======================================

Issuer:     Medicine Man Technologies, Inc. (—)
CIK:        0001622879
Form:       8-K
Filed at:   2024-02-23T23:59:59+00:00
Accession:  0001104659-24-026820
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 5.02, 1.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Schwazze CEO Krishnamurthy resigns; CFO Hoffmaster named interim CEO
--------------------------------------------------------------------

- CEO Nirup Krishnamurthy resigned Feb 20, 2024 for personal reasons; no disagreement.
- Separation agreement: 8 months severance at current base salary plus COBRA coverage.
- CFO Forrest Hoffmaster appointed interim CEO effective Feb 21, 2024.
- Hoffmaster's base salary increased from $360k to $400k; eligible for $240k bonus in 6 months.
- Board to search for permanent CEO and a replacement director following Krishnamurthy's departure.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1622879/000110465924026820/0001104659-24-026820-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1622879/000110465924026820/tm246956d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-026820

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer