MMJ Group Holdings Ltds (ASX:MMJ) investment company WeedMD Inc (CVE:WMD) has welcomed the appointment of Tricia Symmes as general manager of wholly-owned subsidiary CX Industries Inc.
CX Industries specialises in extraction, toll processing and third-party formulation and operates out of WeedMDs fully-licensed extraction hub in Aylmer, Ontario, Canada.
Newly created role
In this newly created role, Symmes will lead CX Industries commercial operations as well as the development of new channels and product development for both the adult-use and medical markets.
CX Industries will leverage Symmes' extensive knowledge and experience in bringing more than 20 pharmaceutical products to market, including developing medical cannabis formulations, as it looks to introduce high-margin products of new cannabis classes.
Lead product innovation
Also joining the CX team is industry specialist Logan Marynissen, as director of extraction, who is set to optimise WeedMDs extraction operations and provide technical oversight for the production of new cannabis products.
Symmes and Marynissen will drive CX Industries to commercial-scale and lead product innovation with low-cost cannabis readily available from WeedMDs outdoor and greenhouse-crafted cannabis.
WeedMD chief executive officer Keith Merker said: “As we strengthen our verticals, build new cannabis product lines and continue scaling for growth, we are positioning WeedMD for long-term success and CX will be a critical component as we execute our new cannabis products strategy.
"We welcome Tricia and Logan, both seasoned leaders from Canadas pharmaceutical and extraction industries who bring considerable bench-strength and experience to our team.
"With Tricias commercial acumen, deep understanding of P&L structures and medical cannabis oversight, and Logans rich experience in varied extracRead More – Source
