Eureka 93 Inc. Appoints Industry Veteran Rex Powers to Chair of Board of Directors
August 26 2019 - 9:30AM
Eureka 93 Inc. (CSE: ERKA, “Eureka93”) announced
today that Rex Powers, CEO of the Cannabis Hemp Industry Employers
Association and CEO of PFH Consulting LLC has joined the Board of
Directors as Chair, effective August 23, 2019.
“We believe that Mr. Powers’s diverse expertise developing
customer-focused growth initiatives coupled with his extensive
knowledge of the industry will further complement the management
team as we work toward achieving targeted results in the year
ahead,” said David Rendimonti, Chief Executive Officer,
Eureka93.
“Eureka93 is a promising company with valuable assets and
product potential,” said Rex Powers, Chair, Board of Directors,
Eureka93. “I look forward to working with the
management team to steer the company as it navigates the challenges
of the industry and forges a clear path forward as a
product-focused, CBD, life sciences company.”
Mr. Powers is currently the Co-founder and CEO of the Cannabis
Hemp Industry Employers Association, an employment organization
providing development services to the cannabis and hemp industry.
He is also the CEO of PFH Consulting LLC, a firm focused on
strategic planning and organizational modelling for early-stage and
established companies. Prior to these roles, Mr. Powers was also
the President and CEO of FOCUS: Foundation of Cannabis United
Standards, a non-profit organization dedicated to creating quality
and safety-based standards to protect the health and safety of
consumers, while also preserving the integrity of the cannabis
industry. With experience building sustainable business models that
fuel growth, Mr. Powers is known for his creative expertise in
executive leadership, training and leading high-performance teams,
organizational mapping and alignment, product development, and
establishing funding strategies. Further to his current roles, he
also serves on various boards in an advisory capacity, including
Basso Botanicals, SOS Method and Arisanna Group.
With the additional independent director in place, director
William MacKinnon has stepped down to pursue other opportunities.
“On behalf of the Board of Directors, I would like to thank Mr.
MacKinnon for his dedication to the company, and wish him the best
of luck in the future,” said David Rendimonti, Chief Executive
Officer, Eureka93. About Eureka93
Eureka 93 Inc. (Eureka93) is a vertically
integrated life sciences company focused on the extraction,
production, and distribution of hemp cannabidiol (CBD). With assets
and operations in the United States, as well as in Canada, this
multi-faceted company is dedicated to producing the highest-quality
products for its customers, including full-plant extract,
distillate, and isolate. Leveraging a proprietary extraction
process, research, and scientific expertise across its CBD and
nutraceutical manufacturing businesses, Eureka93
leads with ingenuity, from the ground up.
For more information, please visit: Eureka93.com
Contacts:
Investors Conrad Seguin 437.226.7002 or
cseguin@eureka93.com MediaSónia Brum 647.338.7381
or sbrum@eureka93.com
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