TW Holdings Ltd (ASX:TWH) is in the process of a reverse takeover over of AusCann Group Holdings Ltd for 100% of the issued capital.
AusCann was established in 2014 to bring together a team of executives focused upon building an Australian-based, globally connected medicinal cannabis company.
AusCann has strengthened its board with the appointment of Bruce Linton and Bruce McHarrie as non-executive directors. Mick Palmer AO will be stepping down for personal reasons.
Linton is the founder, chairman and CEO of Canopy Growth Corporation, which is the world’s biggest producer of legal cannabis.
AusCann recently entered into a strategic partnership with AusCann.
McHarrie is an experienced senior executive with a background in the life sciences industry focussed on finance, operations, business and investment management and strategic planning.
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