The London-listed natural resources company said Tulloch is expected to join the firm in the second quarter of 2019, following his release from his current employment, with the date to be confirmed in due course.
It pointed out that Tulloch is currently a managing director at Cantor Fitzgerald Europe's corporate finance department and has previously held senior positions at several other investment banks and stockbrokers.
In addition to his duties as finance director and company secretary, Tulloch will also support the development of the company's investor relations strategy, the group added.
Highlands Natural Resources said its current finance director, Melvyn Davies, who helped establish the company and has served as a director since its formation, will step down concurrent with Tulloch’s arrival and will be available for a short period thereafter to ensure a smooth transition.
Robert Price, the company's chairman and CEO, said: "Nick has been Highlands' financial adviser for the past four years and therefore already has a very strong working relationship with the team and our strategy. I am delighted to announce his appointment to the Board in the role of Finance Director.
“He joins Highlands at a pivotal time in our development as we seek to establish ourselves as organic CBD producers in Colorado, USA and I am confident that he will make a significant contribution.”