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KELOWNA, BC, Oct. 25, 2018 /CNW/ – Liht Cannabis Corp. (CSE: LIHT) (OTCQX: LIHTF) (FSE: 2M0) (“Liht” or the “Company”) a public company with medical and adult-use cannabis assets in the United States and Canada announces a corporate management shuffle.
As the Company continues to grow into new phases of its business plan, signaled by the transitioning into cultivation in Nevada and the submission of an ACMPR application in Canada, the roles of leadership will be critical in being successful. To better manage the day to day operations involved with a public cannabis company, Linda Sampson will remain the President and become the Chief Operating Officer (“COO”) and Rahim Mohamed will be appointed as Chief Executive Officer (“CEO”), effective immediately.
As COO, Ms. Sampson will be in charge of overseeing the development and operations of Canada and Nevada. “We have a strong team with highly skilled heads of operations and experienced and skilled growers in both Canada and US to help us with growing premium, organic product through innovative growing practices and technologies. We are excited to have the opportunity to position ourselves as the premium organic cannabis company in the medical and recreational space. I welcome this new challenge and feel confident that with the management and operational team we have put in place, we will be able to execute on our business plan.”
As CEO, Mr. Mohamed will be in charge of capital markets support, investor relations, financings and accretive deal making. “The future of Liht is bright. Our Company will strive to set the standard in pharmaceutical grade cannabis through sustainable, organic growing practices. We will continue to look to new technologies and additional legal markets with lower barriers of entry that will help us scale and grow our name globally. The team welcomes the challenges to come with our sight on the successes of the future.”
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