Vangst Acquires Greenforce in Denver Cannabis Hiring Expansion
- Vangst, a cannabis hiring company based in Denver, has acquired Greenforce, a temporary staffing agency operating in Oregon and Arizona.
- Ryan Rosenfeld, the founder and CEO of Greenforce, will join Vangst as the chief business officer, effective immediately.
- This acquisition is part of Vangst's strategy to expand its operations and enhance service offerings in the cannabis industry.
On September 10, 2024, Vangst, a prominent cannabis hiring firm based in Denver, expanded its reach by acquiring Greenforce, a temporary staffing agency that operates in Oregon and Arizona. The financial details of the acquisition were not disclosed, but it marks Vangst's second acquisition within the year, following its purchase of CannabizTemp, the temporary staffing division of CannabizTeam. This strategic move is aimed at bolstering Vangst's capabilities in the rapidly growing cannabis employment sector. Ryan Rosenfeld, the founder and CEO of Greenforce, will transition to Vangst as the chief business officer, starting immediately. In a statement, he expressed enthusiasm about the merger, highlighting the potential for aggressive expansion and improved service for both customers and employees in the cannabis industry. This acquisition is expected to enhance Vangst's operational efficiency and service quality, ultimately benefiting the workforce and the broader cannabis market. According to Vangst's 2024 jobs report, there are currently over 440,000 full-time employees in the cannabis sector, indicating significant growth and demand for staffing solutions. Vangst has successfully raised $30 million in venture capital from notable investors, including Snoop Dogg's Casa Verde Capital, which underscores the confidence in the cannabis hiring market. Overall, the acquisition of Greenforce positions Vangst to better serve the evolving needs of the cannabis industry, allowing for a more robust and superior experience for both employers and job seekers.