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Diego Pellicer Worldwide, Inc. Appoints Nello Gonfiantini III As Chief Executive Officer

RENO, Nev., Nov. 1, 2019 /PRNewswire/ --A Diego Pellicer Worldwide, Inc. (OTCQB: DPWW) the premium marijuana brand and retail development company, today announced that Nello Gonfiantini III has been named chief executive officer (CEO), replacing outgoing CEO Ron Throgmartin. In addition, Chief Financial Officer Christopher Strachan has joined the board of directors.As CEO, Gonfiantini brings leadership to Diego's expanding retail and business opportunities including the company's plans to acquire more retail locations, cultivation facilities and a marijuana infused product facility in Denver.A  "As Diego's business model has evolved, so is the company's leadership, charting a course in direct cannabis operations and ownership," said Nello Gonfiantini III, chief executive officer of Diego Pellicer Worldwide, Inc. "I look forward to driving maximum value for the company in my new role during this next phase of growth."Proven Track Record of Growth
A forward-thinking leader in business including financial services, banking, real estate investment and emerging growth companies, Gonfiantini joined Diego Pellicer Worldwide, Inc. in 2016 first as a consultant. He was brought onboard as vice president of real estate in 2017 and was named chief strategy officer and to the board of directors in 2018. Gonfiantini assumed the additional responsibility of chief operating officer earlier this year.Gonfiantini's vision in the lending, banking and real estate industries, led to the founding of a successful bank, financial and capital investment organizations including Home Federal Savings Bank of Nevada and Specialty Mortgage Trust, Inc., a real estate investment trust. In 2015, he formed Crystal Bay Financial which assists corporate and real estate clients in finding solutions to complex and multifaceted financial challenges. Gonfiantini holds a BSBA Cum Laude and an MBA from the University of Denver.
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