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Heritage Cannabis Appoints Chief Operating Officer and Chief Commercial Officer
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary
Heritage Cannabis Holdings Corp. has appointed Eoin Hegarty as Chief Operating Officer and Cory Larsen as Chief Commercial Officer, while Dan Phaure remains Chief Financial Officer. These promotions reflect Hegarty and Larsen's contributions towards the company's strategic expansion in Canada and the U.S. CEO David Schwede expressed optimism about their leadership capabilities in driving growth within the North American cannabis market. Heritage Cannabis, renowned for its diverse product offerings under various brands, operates licensed facilities in Canada.
Positive
Promotion of Eoin Hegarty and Cory Larsen strengthens leadership.
Expected growth and expansion in North America.
Negative
Dan Phaure's transition from COO raises concerns about continuity.
TORONTO--(BUSINESS WIRE)--
Heritage Cannabis Holdings Corp. (CSE: CANN) (OTCQX: HERTF) (“Heritage” or the “Company”), today announced that the Company has appointed Eoin Hegarty as Chief Operating Officer, and Cory Larsen as Chief Commercial Officer. Dan Phaure will retain his position as Chief Financial Officer, following his resignation from the role of Chief Operating Officer.
Both Mr. Hegarty and Mr. Larsen are current employees of Heritage, and their promotions follow on their achievements in advancing the Company’s strategy to not only successfully expand across Canada, but also in Heritage’s entry into the United States.
“We are thrilled to welcome both Eoin and Cory into these key executive roles at Heritage, which better reflect their duties and achievements to date,” stated David Schwede, CEO of Heritage. “We have had an incredible couple of years building the business and with both their savvy in operations and commercial activities, we look forward to continuing our growth and expansion in North America and globally.”
About Heritage Cannabis Holdings Corp.
Heritage Cannabis is a leading cannabis company offering innovative products to both the medical and recreational legal cannabis markets in Canada and the U.S., operating under two licensed manufacturing facilities in Canada. The company has an extensive portfolio of high-quality cannabis products under the brands Purefarma, Pura Vida, RAD, Premium 5, Thrifty, feelgood., the CB4 suite of medical products in Canada and ArthroCBD in the U.S.
ON BEHALF OF THE BOARD OF DIRECTORS OF HERITAGE CANNABIS HOLDINGS CORP.
“David Schwede”
David Schwede
CEO
The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.
