Medicine Man Technologies (SHWZ) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Nirup Krishnamurthy has resigned from his roles as a board member and CEO of the company for personal reasons, effective February 20, 2024. His departure follows the terms of a separation agreement that includes an eight-month severance and COBRA premium coverage, with no further equity claims. Forrest Hoffmaster, previously the CFO with extensive executive experience, has been appointed as the interim CEO, with a salary increase and potential bonus as per a new employment agreement. The company is actively seeking a permanent CEO and a new director to fill the vacated positions.
For further insights into SHWZ stock, check out TipRanks’ Stock Analysis page.
