Veritas Pharma’s Transformation Includes Appointing a New CFO

Spotlight Companies |

Veritas Pharma Inc., a Vancouver-based pharmaceutical company, announced today the appointment of David Alexander as the company’s CFO. Alexander will be responsible for leading the company’s financial strategy and operations, supporting all functions of the organization.

"I am pleased to have David join Veritas at this time in our development,” said Dr. Lui Franciosi, CEO of Veritas. “David is a strong leader whose broad experience in small and large specialty pharmaceutical organizations uniquely qualifies him to lead and build our financial operations as we enter a transformative period in our company. Having previously managed financial planning, analysis and strategic growth initiatives for a variety of Exchange Listed companies, David has a thorough understanding of the exciting opportunities from which Veritas is poised to benefit."

Growing Market Share Through Streamlining Cannabis Development

Veritas Pharma is focused on using their knowledge to streamline the development of cannabis-based treatments to capture considerable market share. The company is developing innovative medicinal cannabis cultivars for specific disease conditions such as chronic pain, nausea, and epilepsy.

Previous to this significant operational milestone, the company announced, earlier this month, the appointment of Dr. Domenico Spina as a director of the company. Furthermore, through its wholly owned subsidiary, Sechelt Organic Marijuana Corp., Veritas Pharma applied to Health Canada for a medical marijuana production and distribution license under the Marihuana for Medical Purposes Regulations.

By continuing to strengthen their leadership team, Veritas Pharma is positioned to successfully bring additional expertise and growth opportunities to the cannabis market. "The company is approaching a period of immense growth and opportunity. I look forward to working with the Veritas team to successfully execute on the goals ahead and to focus on driving significant shareholder return,” stated David Alexander, Veritas Pharma’s newly appointed CFO.

For more information about Veritas Pharma, visit www.veritaspharmainc.com.

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