Source: Craftport Cannabis Corp.
  • 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 Online

Canopy Growth fuels turnaround story with fresh capital

Canopy Growth (TSX:WEED) continues its turnaround story with a C$96.3 million exchange and subscription deal with an institutional investor.

Tilray’s 10 Barrel Brewing introduces new Mexican-style lagers

Tilray Brands (TSX:TLRY) subsidiary 10 Barrel Brewing unveils its latest creation: Pub Cerveza, a southern spirit in a Mexican-style lager.

The Market Online’s Weekly Cannabis Report – May 3, 2024

A federally licensed cultivator has received CUMCS-G.A.P and GACP certification for its cultivation facility in Ontario.

One of the strongest contenders to lead Canada’s cannabis market

Indiva Ltd. (TSXV:NDVA) recently reported its fiscal year 2023 results, showcasing a solid performance across its operations.