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Posted 01 March, 2024

Digipath, Inc. appointed A. Stone Douglass as new CEO

OTC:DIGP appointed new Chief Executive Officer A. Stone Douglass in a 8-K filed on 01 March, 2024.


  (c) The Company appointed A. Stone Douglass, the current Chairman, Chief Financial Officer and Secretary as well as a Director of the Company, to the additional roles of President and Chief Executive Officer of the Company effective February 29, 2024.  

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Overview of Digipath, Inc.
Health Care/Life Sciences • Medical Equipment/Supplies
Digipath, Inc. is an independent laboratory testing and media company, which engages in the provision of the development of cannabis and hemp markets, and support for reliable testing. It also offers cannabis news coverage and comprehensive marijuana education. The company was founded on October 5, 2010 and is headquartered in Las Vegas, NV.
Market Cap
$1.44M
View Company Details
Relevant filing section
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


(b) On February 28, 2024, Todd Denkin resigned his positions as President of Digipath, Inc. (the "Company") and its wholly-owned subsidiary, Digipath Labs, Inc., effective the close of business on the same date to pursue other professional opportunities.


(c) The Company appointed A. Stone Douglass, the current Chairman, Chief Financial Officer and Secretary as well as a Director of the Company, to the additional roles of President and Chief Executive Officer of the Company effective February 29, 2024. Mr. Douglass, 76, was appointed a director of the Company on July 1, 2021, as the Company's Chief Financial Officer on August 16, 2021, and as Chairman of the Board of Directors on October 21, 2021. Mr. Douglass has been: the Chief Executive Officer of GeoSolar Technologies, Inc., a company planning to install natural energy systems, since December 2020; the Chief Financial Officer of David Kind, Inc., a Venice, California based online eyewear brand, since June 2013; the Chairman and Chief Executive Officer of Sealand Natural Resources, Inc., a manufacturer and purveyor of Sealand Birk birch water and other alternative beverages, since March 2016; the Chief Financial Officer of P5 Systems, Inc., a San Diego based technology platform known as the Craig's List of cannabis, servicing the legal cannabis value chain, from March 2018 through January 2024; and the principal owner of Ducks Nest Investments Inc, a private investment company, since September 1990. The Company has a consulting agreement in place with Mr. Douglass in which it has agreed to pay Mr. Douglass $5,000 per month.