Tuesday, August 5, 2025

Latest

Green Growth Brands Sees Interim CEO Resign, Office Staff To Take Over Role

What do you do when things have become so bad that no one wants to even helm a public company? Green Growth Brands (CSE: GGB) is about to find out. The company announced this morning that its interim CEO, Randy Whitaker, has resigned from his post at the company effective September 30, 2020.

Green Growth Brands Logo

In Whitaker’s place will be.. no one. It appears that no one wants the role of chief executive even on an interim basis, given that the company is currently working its way through insolvency proceedings under the Companies Creditors Arrangement Act.

As a result of this, the company has indicated that it will see certain of its front office staff and operations employees assume the duties now left unattended with Whitaker’s departure. These employees will then report to the board of directors of the company directly as the firm continues with its insolvency proceedings.

Green Growth Brands last traded at $0.025 and has been suspended from trading since July.


Information for this briefing was found via Sedar and Green Growth Brands. 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.

Video Articles

San Dimas: First Majestic Silver’s Sleeper Asset

New Gold Q2 Earnings: Record Free Cash Flow

STLLR Gold: The Tower Gold PEA

Recommended

Tsunami Warnings Spread As Largest Quake Since 2011 Hits Russia

Northern Superior Intersects 1.75 g/t Gold Over 65.0 Metres At Philibert

Related News

Horvath Leaves Role As CEO At Green Growth Brands

Green Growth Brands (CSE: GGB) released a corporate update this evening, identifying that chief executive...

Thursday, March 19, 2020, 06:04:49 PM

Green Growth Brands to Buy Florida Licensed Operator

Green Growth Brands (CSE: GGB) put out a filing through the Canadian Securities Exchange late...

Tuesday, June 4, 2019, 05:00:28 AM

Green Growth Issued Notice Of Default On Moxie Debt

It appears that the entirety of Green Growth Brands (CSE: GGB) might come crashing down...

Tuesday, April 7, 2020, 09:19:43 AM

Green Growth Brands Sells CBD Operation, Faces “Severe Financial Difficulty”

It appears that Green Growth Brands (CSE: GGB) is nearing the end of its lifespan....

Monday, February 24, 2020, 06:41:57 PM

Green Growth Brands Terminates Nearly Entire Staff

Last Thursday, cannabis and CBD retailer Green Growth Brands (CSE: GGB) issued a news release,...

Sunday, March 22, 2020, 11:58:20 AM