Mr. Rahim Mohamed reports
CITATION GROWTH CORP. ANNOUNCES EXECUTIVE MANAGEMENT CHANGES AND POSTPONEMENT OF AGM
Citation Growth Corp.'s Howard Misle has resigned as chief executive officer and a board member, effective Jan. 13, 2020. The board of directors has already begun interviewing prospective chief executive officer candidates and expects to make an announcement shortly. In the interim, Rahim Mohamed will be the interim chief executive officer.
The company has also appointed Kevin Cornish as its chief financial officer, effectively immediately.
Mr. Cornish has roots all over Eastern Canada, spending most of his life in Halifax, N.S., where he completed his education at Saint Mary's University. He has worked in the service, hospitality, construction and cannabis industries over the course of his career. His expertise is focused in leadership, performance management, company growth and finance. He has experience sitting on the boards of both not-for-profit and for-profit companies, volunteered with child development groups and is an advocate for mental health. Mr. Cornish has helped start-up and mature companies grow in current and new markets. In 2018, he joined the cannabis industry due to having seen many people he knows positively affected by tetrahydrocannabinol and cannabidiol. Taking part in Canada's history, Mr. Cornish was part of a cannabis company that brought recreational cannabis to Alberta and Canada. Mr. Cornish enjoys the many challenges that come with working in this industry leading up to legalization, postlegalization and Cannabis 2.0. With over 15 years of leadership experience in operations and finance, Mr. Cornish continues to grow along with this industry, both personally and professionally.
Due to this change in management, the company has deemed it necessary to postpone its annual and general meeting scheduled for Jan. 24, 2020, in Las Vegas, Nev., to allow for an updated management information circular to be filed and circulated to shareholders. Once a new date and location have been scheduled, management will issue out a news release.
"We, the management and board, apologize for any inconvenience this may have caused any shareholders who may have already booked flights and hotels. We will be diligent and begin placing a new CEO as soon as possible," commented Rahim Mohamed, president and interim chief executive officer.
About Citation Growth Corp.
Citation Growth is a publicly traded company that has been investing in the medical and recreational cannabis space since 2014. Citation has rapidly expanded its operating portfolio to include cultivation, production and dispensary locations in key North American state-legal jurisdictions and is seeking expansion opportunities worldwide.
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