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Cannasouth CFO Colin Foster Exits

Colin Foster, company secretary and Chief Financial Officer (CFO), Cannasouth, has resigned effective from March 27

Colin Foster, Company Secretary and CFO has resigned after four years on the job. Mark Lucas, CEO, Cannasouth took a moment to express his appreciation for Foster’s contributions to the company. He specifically acknowledged Foster’s critical role in steering Cannasouth’s financial journey during his tenure as the company’s first full-time CFO. 

Foster’s resignation comes after Cannasouth announced the appointment of voluntary administrators.

Cannasouth is the New Zealand’s first medicinal cannabis company to list on the New Zealand Stock Exchange.