MMJ Group shares surge 30% following significant management changes at cannabis investeePosted by On

MMJ Group is one of the largest shareholders of Harvest One Cannabis, which is transitioning to become a cannabis-focused consumer packaged goods company.

() (OTCMKTS:MMJJF) shares surged 30% today after its investee () (OTCMKTS: HRVOF) revealed a number of management and board changes including a new president and interim chief executive officer.

Harvest One is nearing completion of its strategic review process and is taking steps to right-size its organisational structure.

Having led the company through its strategic review, Andy Bayfield will transition to the board of directors from his role as interim chief executive Officer and Gord Davey has been appointed as president and interim chief executive officer.

Transition to cannabis-focused consumer packaged goods company

Davey has more than 20 years’ experience in the consumer packaged goods (CPG) industry, having successfully led CPG teams and product launches at Coca-Cola, Red Bull and Puratos.

He previously held…

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