48North CFO Departs Company Effective Immediately
48North Cannabis (TSXV: NRTH) this morning attempted a new means of announcing the immediate departure of a chief financial officer. The news was contained within the midsection a long “letter to the shareholders” penned by the firms CEO.
David Hackett will be leaving the company immediately, with no explanation for the departure provided. Hackett had been with the company since the firms go-public transaction.
Taking his place on an interim basis will be that of Donnacha Rahill, whom most recently served as the CFO of Flow Capital Corp. Rahill will be taking on the role until a permanent replacement can be found, for which a formal search has begun.
48North Cannabis last traded at $0.225 on the TSX Venture.
Information for this briefing was found via Sedar and 48North Cannabis Corp. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.
