Cann Group Ltd. (AU:CAN) has released an update.
Cann Group Limited has announced the formal appointment of Jenni Pilcher as its new CEO & Managing Director, after her effective interim leadership resulted in significant cost savings and a renewed strategic focus on producing high-quality medical cannabis products. Pilcher’s financial expertise and past leadership experience are expected to drive revenue growth and positive EBITDA. Her appointment follows a successful restructuring effort and reinstatement of the company’s securities to trading.
For further insights into AU:CAN stock, check out TipRanks’ Stock Analysis page.