MMJ PhytoTech Limited (ASX:MMJ) ("MMJ") is pleased to announce the appointment of Doug Halley to the board, effective immediately.

Doug is an experienced company director, having served on a number of Australian public company boards, including most recently as Chairman of DUET Group which was a member of the ASX100 prior to it being taken over at an attractive share price premium last year. His experience and key appointment terms are summarised in the attachment to this release (see link below).

Jason Bednar has retired from the board of MMJ and will remain on the board of Harvest One Cannabis Inc. (CVE:HVST) ("Harvest One") as an independent non-executive director.

Commenting on these changes, MMJ's Chairman Peter Wall said "We are pleased to have attracted Doug Halley to our board. He is an experienced director with skills that complement those of the board and which will be valuable as MMJ continues to grow as a cannabis investment company. Doug also knows our CEO Jason Conroy and they had success together at DUET Group. Jason Bednar was a tireless and valuable contributor to MMJ and we are pleased that he will remain on the board of Harvest One, MMJ's largest investment."

To view the attachment, please visit:
http://abnnewswire.net/lnk/8R4NWQ9B


About MMJ Group Holdings Ltd

MMJ Group Holdings Ltd (ASX:MMJ) is a global cannabis investment company. MMJ owns a portfolio of minority investments and aims to invest across the full range of emerging cannabis-related sectors including healthcare, technology, infrastructure, logistics, processing, cultivation, equipment and retail. For MMJ's latest investor presentation and news, please visit: http://www.mmjphytotech.com.au/investors/

   

Contact

Investor and Media Enquiries:
Jason Conroy
Chief Executive Officer
T: +61-2-8098-0819
E: info@mmjgh.com.au



Link: Board Changes



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