fbpx
QQQ
-4.71
293.22
-1.63%
DIA
-3.82
289.77
-1.34%
SPY
-5.19
352.51
-1.49%
TLT
-0.61
162.00
-0.38%
GLD
+ 0.15
178.13
+ 0.08%

Cannabis Movers & Shakers: Aurora, One World Pharma

September 8, 2020 12:25 pm
Share to Linkedin Share to Twitter Share to Facebook Share to Print More

Here are the latest updates on leadership changes within the cannabis industry.

Aurora Names Miguel Martin Its New CEO

Aurora Cannabis Inc. (NYSE: ACB) (TSX:ACBrevealed Tuesday it tapped Miguel Martin to helm the company on the heels of revealing a preliminary unaudited financial report for the fourth quarter of this fiscal year.

Martin, who replaced interim CEO Michael Singer, is a consumer packaged goods professional with a vast experience in the U.S. cannabinoid industry.

Singer stepped down from the role which he held since February.

Martin is elected to oversee the next phase of the company's "business transformation." In addition, his focus will be on the commercial strategy.

"The Aurora Board and I firmly believe that under Miguel's leadership, Aurora's strategic direction going forward will be characterized by leading market performance, sustainable growth, profitability, and value creation for shareholders," Singer said.

Martin is "excited" with the new opportunity, adding he believes they would be "successful both with the current portfolio and emerging margin accretive formats."

One World Pharma Hires Production & Operations Supervisor

One World Pharma Inc. (OTC:OWPC), which named the NBA All-Star player Isiah Thomas as its CEO in June, opted for another leadership change.

The Las Vegas-based company disclosed Tuesday it appointed Robinson Ortega Tafur as its new Production and Operations Supervisor.

Tafur, who has years of experience in growing in Colombia, will oversee the company's farms in the country.

"Mr. Tafur is a welcome addition to the One World Pharma team, and I believe he has the ideal skill set to oversee our new successes in Colombia," stated Thomas adding they are now poised to commence the "production of cannabis ingredients at scale and to commercialize our harvests."

Tafur said he is "honored" to join OWP's team.


Related Articles

LeafLogix CEO: Compliance Software Is Crucial For Cannabis Post-Legalization

No matter which U.S. Presidential candidate — incumbent Donald Trump or former Vice President Joe Biden — wins on Nov. 3, federal legalization of cannabis is something neither major party ticket supports.  read more

Cable Provider 4Cable To Venture Into CBD Space, Considers Two Acquisitions

4Cable TV International Inc. (PINK: CATV) is looking to acquire two CBD companies. The Port St. Lucie, Florida-based company expects to announce its final decision in the weeks to come. read more

Harborside Poised To Take Over Another California Dispensary, Acquires 50.1% Stake In FGW

Harborside Inc. (CSE: HBOR) (OTCQX: HBORF) has acquired 50.1% of FGW Haight Inc.'s equity, which holds read more

Cresco Labs CEO Discusses Cannabis Industry Challenges, Reaching Nationwide Customer Base

The main thing holding the cannabis industry back is access to capital, according to Cresco Labs Inc (OTCQX: CRLBF) CEO Charlie Bachtell. read more

Agrify CEO Urges Indoor, Climate-Controlled Cultivation To Mitigate Wildfire Damage

This Croptober, outdoor cannabis cultivators on the West Coast have been major victims of unexpected raging wildfires. read more