Cannabis company Ascent Industries Corp (CNSX:ASNT) (OTCMKTS: PGTMF) said Friday that Blair Jordan, its interim CEO, has joined the board of directors.
The Vancouver-based company said in a press release that Dr. Perry Kendall has resigned from the board to pursue an interest in public health.
The company’s stock rallied earlier this week after Ascent said Health Canada granted its wholly owned subsidiary Agrima Botanicals Corp an extension after suspending and proposing to revoke its producer and dealer licenses.
Earlier in November, the company named Jordan, the chief financial officer, as interim CEO. He replaced founder Philip Campbell.
Shares of Ascent traded at C$0.23 in Thursday’s Canadian trading. They slipped US$0.01 to US$0.18 on the OTC market.
Ascent operates in British Columbia, Oregon and Nevada. It employs 139 people, including 89 in British Columbia.
Contact Dennis Fitzgerald at [email protected]