Cannasouth's co-founder and executive director, Nic Foreman, has retired from the NZX-listed medicinal cannabis company.
Foreman will also relinquish his role as a director of Cannasouth Bioscience and Cannasouth Cultivation, the company said.
He will continue to be available to advise and mentor the executive management team of Cannasouth.
READ MORE:
• Cannasouth first half loss widens, stock drops 37%
• Premium - Continuous Disclosure: Spark's dividend, and what's really driving Cannasouth
• Cannasouth raises $6m to accelerate growth plans
• Cannasouth shareholders take a walk on the wild side as stock trades a wide range
"With the recent grant of a commercial cultivation and manufacture license to Cannasouth Bioscience, I have achieved what I set out to do, to build a solid platform for the company to grow and prosper in the New Zealand medicinal cannabis industry," Foreman said in a statement.
