Philip Brown has been appointed Chairman of NZX-listed medicinal cannabis company Greenfern Industries Limited. The role was vacated by Brent King, who announced his resignation on 31 October 2022.
Mr. Brown holds a significant shareholding in and has been an independent non-executive director of the Company since 12 July 2021.
"I am extremely pleased to have the confidence of the board to lead the next phase of Greenfern Industries in our pursuit of becoming a leading global grower and exporter of cannabis flower and therapeutic medicinal products that will enhance the availability of alternative health and well-being outcomes."
Brown, who is a Taranaki-based entrepreneur and property developer, is no stranger to start-ups, having developed the global procurement system TenderLink.com, which was acquired by ASX-listed Fairfax Media in 2010, and more recently, he constructed the Novotel New Plymouth hotel, which was acquired by a Taranaki based iwi consortium in 2019. He holds a number of directorships and is also a major shareholder in Trans-Tasman Resources, which was recently acquired by ASX-listed Manuka Resources and who are seeking seabed mining consents in the South Taranaki bight.
Brown, born and raised in Taranaki, has a long history of business success in the region. "I look forward to taking Greenfern Industries to the world and working at the business coal face of this exciting industry. We, as a region, have extremely immense and diverse pathways to sustainable growth, and I look forward to developing our relationships with regional partners to ensure a continued diversification mandate is at the forefront of our mahi tahi [working together] thinking."
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