The Vancouver-based company said in a press release that he is replacing Michael Hopkinson. Maarschalk is a chartered professional accountant (CPA) and candidate for the chartered business valuation designation. Before going into finance, he played tennis professionally and coached junior teams.
Earlier this week, the company said it had appointed Josh Taylor, the co-founder of a cannabis start-up, to its business development division.
The company, operating in the United States and Canada, owns licensed medical and adult-use cannabis cultivation and production assets. It controls three subsidiaries, with 91% ownership of both Alternative Medicine Association and Infused MFG and all of Spire Global Strategy.
Shares of 1933 Industries slipped C$0.03 to C$0.38 in Tuesday’s Canadian trading. They were down US$0.05 to US$0.30 on the OTC Markets.
Contact Dennis Fitzgerald at [email protected]