Meni Morim has agreed to act as the company’s first chief product officer, subject to board approval
() said Wednesday that it has appointed Neil Kothari as the company's chief legal officer.
The Vancouver-based cannabis company added in a press release that Fern Glowinsky is leaving the board and that Chief Financial Officer Kenneth Ngo will replace her.
READ: Namaste Technologies takes 49% stake in Pineapple Express Delivery
In addition, the company said Meni Morim has agreed to act as Namaste’s first chief product officer, subject to board approval.
The company said the appointments reflect a focus on information technology infrastructure and a stronger emphasis on governance and legal risk management.
Kothari is a veteran lawyer with experience in corporate finance, securities law, mergers and acquisitions, technology, outsourcing, privacy, compliance, anti-money laundering and international law. He is a barrister and solicitor in Ontario, a solicitor in England and Wales and a chartered professional accountant.
The company said Glowinsky has resigned as a director to focus on her role as CEO of Merrco Payments Inc. Ngo, who is replacing her, became a chartered accountant while working at LLP.
Morim recently joined Namaste when it acquired Findify AB, according to the company. As chief product officer, he plans to focus on product strategy, product design, product development and product marketing.
“The company looks forward to having Meni Morim join as chief product officer,” CEO Sean Dollinger said in a statement. "Meni has contributed a great amount of value to the company thus far, and we believe that his new position will enhance the impact of his efforts to support the company's vision.”
Shares of Namaste slipped C$0.03 to C$1.09 in Wednesday’s Canadian trading. They were down US$0.07 to US$0.83 on the OTC Markets.
Earlier this week, Namaste said it was acquiring a 49% stake in Pineapple Delivery Inc, a company that offers a same-day delivery service platform for medical and recreational cannabis.
Contact Dennis Fitzgerald at [email protected]
