Vangst, a major cannabis industry staffing platform, acquired CannabizTemp in what is believed to be the first such move in the marijuana human resources sector.
CannabizTemp is the temporary staffing division of CannabizTeam, an executive search firm headquartered in San Diego.
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A price tag for the acquisition was not disclosed, but the deal was “50% cash and 50% stock,” according to a Friday news release.
“CannabizTemp was hands down our largest competitor,” Karson Humiston, Vangst’s founder and CEO, said in a statement.
The acquisition likely will strengthen Vangst’s temporary staffing division, known as Vangst Gigs.
Since launching in 2018, Vangst Gigs has filled more than 200,000 gig jobs in 19 states, according to the release.
With the acquisition of CannabizTemp, Vangst
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