fbpx
QQQ
+ 4.58
299.52
+ 1.51%
DIA
+ 5.52
304.13
+ 1.78%
SPY
+ 6.84
369.88
+ 1.82%
TLT
+ 0.27
138.37
+ 0.19%
GLD
+ 0.05
159.02
+ 0.03%

Cannabis Movers & Shakers: Christina Lake, Pure Harvest, Acreage, Organigram

January 12, 2021 11:12 am
Share to Linkedin Share to Twitter Share to Facebook Share to Print License More
Cannabis Movers & Shakers: Christina Lake, Pure Harvest, Acreage, Organigram

Here is a summary of the latest leadership changes within the cannabis industry.

Salvatore Milia Joins Christina Lake Board

Salvatore Milia opted to join the Christina Lake Cannabis Corp. (CSE:CLC) board of directors.

The Vancouver-based company is kicking off a research and development committee, with Milia at the helm.

Throughout his career, Milia developed, implemented, and managed technical systems and networks for the Conservative Party of Canada as well as one of Canada’s first non-bank credit card gateways.

“After a very successful growing season last year, we are seeking to make the absolute most of our future growing seasons, which we anticipate could be achieved by implementing a high-tech monitoring infrastructure led by Mr. Milia, who will soon join our Board of Directors and lead our R&D committee,” Christina Lake CEO and director Joel Dumaresq said.

Recently, the company debuted on the Canadian Securities Exchange on the heels of several other hires, including Rob Jones as Executive Vice President of Business Development and Sales, and Milan Stefancik as Director of Sales & Marketing. Meanwhile, Mervin Boychuk will serve as Non-Executive Chairman and Independent Director, and Ryan Smith was named CFO.

Pure Harvest Names New COO and CFO

Cannabis and hemp-CBD holding company Pure Harvest Corporate Group, Inc. (OTCQB:PHCG) has deepened its bench by welcoming Peyton Bowman and Alex Glueckler to its leadership team.

Bowman, who will serve as Chief Operating Officer, brings vast experience in corporate acquisitions, as well as supply chain management.

Prior to this, Bowman supervised Dorilton Capital’s portfolio operations.

The company also appointed Glueckler to oversee its financial department.

As a new CFO, he will boost the finance and accounting operations of Pure Harvest and its subsidiaries.

Matthew Gregarek, the company’s CEO, said “the skills and experience these two gentlemen bring to the table are a perfect complement for our business and vision for the future.”

Over the last year, the Denver-based company opted to take a “greener approach.” In September, it’s subsidiary, Sofa King Medicinal Wellness Products LLC, implemented solar, storage, and intelligent distribution technology at its dispensary in Dumont, Colorado, under the partnership with Solar Cultivation Technologies, Inc. Shortly after, PHCG took over the Denver-based solar company.

Acreage Taps Katie Bayne To The Board Of Directors

Cannabis company Acreage Holdings Inc. (OTCQX:ACRDF) has appointed Katie Bayne to serve on its board of directors.

Bayne has over three decades of experience in consumer marketing and operations.

She spent twenty years working at The Coca-Cola Company. While there, she served as President of North America Brands and Chief Marketing Officer for North America.

She is also the Founder and President of strategic consulting and advisory firm Bayne Advisors.

“Katie’s exceptional background includes her stewardship of iconic U.S. brands, and I look forward to the valuable insights she will provide to help take Acreage to the next level on our journey to achieving a true leadership position in this emerging market,” the company’s CEO Peter Caldini noted.

The New York company hired the former President Pfizer North America Consumer Healthcare to serve as its CEO in December.

Organigram Welcomes Marni Wieshofer To Its Board Of Directors

Organigram Holdings Inc. (NASDAQ:OGI) has tapped Marni Wieshofer to its board of directors.

The former CFO and Executive Vice President of Corporate Development at Lions Gate Entertainment Corp. brings over three decades of experience in board membership at U.S. public and private companies as well as international mergers and acquisitions.

“Over the course of her impressive career, she has acquired tremendous M&A and financial expertise and demonstrated outstanding ability as a strategic leader,” board chair Peter Amirault said.

Recent company moves include a $2.5 million investment in Hyasynth Biologicals Inc., a private biotechnology company, and the launching of limited-edition season-inspired offerings – Trailblazer Kushmas Stix and Edison Bytes Gingerbread Truffles.

In November, Organigram also disclosed it’s poised to raise a total of CA$60.13 million ($47.01 million) through an underwritten public offering of its units.