- The Flowr Corporation (FLWR) has announced leadership and governance changes involving the positions of CEO and Chairman
- Darren Karasiuk has been appointed to the role of CEO
- Stephen Arbib has been appointed as Chairman and Marvin Singer to the Board of Directors
- Tom Flow, who has acted as Interim CEO since March, remains on the Board along-side incumbents Joanne Lee and Ryan Roebuck
- The Flowr Corporation is a Canadian cannabis company with its operating campus, located in Kelowna, British Columbia
- The Flowr Corporation was unchanged at $0.02 at 11:07 AM ET
The Flowr Corporation (FLWR) has announced several leadership and governance changes.
The company has appointed Darren Karasiuk to the role of Chief Executive Officer and Director.
It also appointed Stephen Arbib as Chairman and Marvin Singer as a member of the Board of Directors.
Tom Flow, who has acted as Interim CEO of Flowr since March, remains on the Board along-side incumbents Joanne Lee and Ryan Roebuck.
“I’d like to thank both the Board for the opportunity to lead Flowr, and Tom for his leadership while serving as Interim CEO,” said Darren Karasiuk, CEO.
“With a renewed focus on leveraging the company’s core assets and addressing markets its best capable of competing and winning in, I’m excited about what Flowr, its team of committed professionals and highly-engaged Board will be able to achieve,” he added.
“This is an exciting time for Flowr with the addition of Darren as CEO,” stated Stephen Arbib, Chairman of the Board.
“We see a huge opportunity in this space and believe Flowr is well positioned with its world-class assets and team,” he added.
Karasiuk is a veteran of the cannabis industry with experience and success in all aspects of the value chain. Before joining Flowr, he was CEO of Nova Cannabis, one of Canada’s largest cannabis retailers, disrupting the industry with the launch of the Value Buds banner.
Arbib is a Canadian entrepreneur, philanthropist and significant shareholder of Flowr. He is the founder and CEO of Momentum Solutions, one of the world’s leading logistics and life support service providers, specializing in humanitarian and emergency operations for government agencies, militaries and non-profit organizations.
Singer, who currently works as a director and corporate consultant, has acted as a consultant to private and public companies since January 2020, after retiring from practicing corporate and securities law for 40 years.
The Flowr Corporation is a Canadian cannabis company with its operating campus, located in Kelowna, British Columbia.
The Flowr Corporation was unchanged at $0.02 at 11:07 AM ET.