Ecs Botanics Holdings Ltd (AU:ECS) has released an update.
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ECS Botanics Holdings Ltd announces the resignation of founder and former Managing Director Alex Keach from the board, recognizing his substantial contributions to the company’s success in the medicinal cannabis industry. Amidst his departure, Alex sold a portion of his stake in the company due to personal financial reasons but will retain some shares until the FY24 financial results are released. Additionally, key figures like Managing Director Nan-Maree Schoerie and Chairman Jeremy King have shown their confidence in the company by purchasing more shares.
For further insights into AU:ECS stock, check out TipRanks’ Stock Analysis page.
