Posted 06 February, 2023
Cann American Corp. appointed Jason Tucker as new CEO
OTC:CNNA appointed new Chief Executive Officer Jason Tucker in a 8-K filed on 06 February, 2023.
On February 1, 2023, Jason Tucker was appointed as Director, President, CEO, Secretary and Treasurer of the Company.
Don't how to trade CEO change? Read Reasons for CEO Turnover and Effect on Stock Performance.
Overview of Cann American Corp.
Health Care/Life Sciences • Pharmaceuticals
Cann American Corp. engages in the provision of hemp-based cannabidiol supplements for dogs, cats, and horses. The company was founded on August 25, 2004 and is headquartered in Rutherford, NJ.Market Cap
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Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On February 1, 2023, Jason Black resigned as director and from all offices of the Company. In consideration of severance to Mr. Black the Company divested its remaining subsidiary, Cannequipt LLC, and assigned its sole control to Mr. Black. The Company also assigned its loan agreements in "Cannagram" to Mr. Black. The Company has retained all ownership and rights to the "C-Juice" lines of CBD and Delta 8 products. The Company has also retained its hemp farming lease agreement in Glencoe, Oklahoma. On February 1, 2023, Jason Tucker was appointed as Director, President, CEO, Secretary and Treasurer of the Company. Mr. Tucker has 18 years of experience in Business Development and Project Management. From December of 2020 to October of 2021 Mr. Tucker was CEO of General Environmental Management, Inc. (GEVI), where Mr. Tucker oversaw its successful audit and return to current reporting with the SEC after a decade of dormancy.
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