Source: Craftport Cannabis Corp.
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Feng Lv has been appointed the CEO and Director of Craftport Cannabis Corp. (CFT)
  • Feng replaces Michael Cosic as the company’s CEO and will fill the vacancy created by the resignation of Cosic as a director of the company
  • Cosic held the CEO position from May 2021and has been a director of the company since November 2020
  • Cosic decided to step back for personal reasons
  • Craftport Cannabis is a Canadian cannabis licensed producer operating out of Peachland, British Columbia
  • Craftport Cannabis Corp is unchanged, trading at $0.03 at 1 pm ET

Feng Lv has been appointed the Chief Executive Officer and Director of Craftport Cannabis (CFT).

He replaces Michael Cosic as the company’s CEO and will fill the vacancy created from the resignation of Cosic as a director of the company.

Cosic held the CEO position from May 2021 and has been a company director since November 2020. He decided to step back for personal reasons.

Craftport Cannabis appreciates Mr. Cosic’s contributions and wishes him well. Cosic remains the company’s Interim CFO until a replacement has been identified.

Furthermore, Cosic has also resigned as the sole director and President of Potanicals Green Growers Inc., a wholly-owned subsidiary of the company. In his place, Yuan Gao has been appointed as director of PGG.

Craftport Cannabis is a Canadian cannabis licensed producer operating out of Peachland, British Columbia. The company’s focus is on the Canadian premium craft cannabis recreational market, utilizing an outsourced cultivation model.

Craftport Cannabis Corp was unchanged at $0.03, trading at 13:03 ET.

More From The Market Herald

" Cannara Biotech (TSXV:LOVE) reports fourth quarter financial results

Cannara Biotech (LOVE) is reporting its latest round of financial results.

" Halo Collective Inc. (NEO:HALO) increasing Oregon facility production to max capacity

Halo Collective Inc. (HALO) has taken initial steps to increase production to max capacity at its Pistil Point, Oregon Facility.

" The Market Herald’s Weekly Cannabis Report – Nov 25, 2022

High Tide (TSXV:HITI) announced that according to data released by New Cannabis Ventures, the company is now Canada’s top revenue-generating cannabis company.

" Organigram (TSX:OGI) launches HOLY MOUNTAIN to support its position in the Dried Flower and Hash categories

Organigram Holdings (OGI) has announced the launch of HOLY MOUNTAIN, the company’s newest value brand.