Cannasouth appoints experienced new CFO

The Board of Cannasouth Limited (NZX: CBD) is pleased to announce the appointment of Colin Foster as the company's new Chief Financial Officer. Mr Foster will succeed Rob Braithwaite, who has been working with the CBD team since its inception and played an important role in preparing the company for its public listing in June 2019. Cannasouth CEO Mark Lucas says the transition is a logical progression as CBD grows from a purely research-based organisation into a fully commercial enterprise. "Colin is a chartered accountant with strong corporate and financial management skills gained over 33 years of senior financial leadership at Tatua Dairy Co-Operative Limited and Anchor Products Limited. His wide general management experience will add significantly to the Senior Leadership Team of Cannasouth." Please see attached Market Announcement for further information on the new appointment. End CA:00347484 For:CBD Type:ADMIN Time:2020-01-23 11:20:48