MediPharm Labs has announced that Shelley Potts will be stepping down from the Company's Board of Directors, effective December 31, 2025. The Company also announced that Michael Bumby will be rejoining the Board, effective January 1, 2026, bringing extensive experience in finance and governance to support MediPharm's strategic priorities.
Michael Bumby previously served on the Board and was Chief Financial Officer at VIVO Cannabis Inc., which MediPharm acquired in 2023. In addition to his experience in the cannabis sector, Michael has held senior leadership roles in global pharmaceutical companies, providing strategic and financial oversight across highly regulated markets. His combined expertise in pharma and cannabis will support MediPharm Labs continued advancement in pharmaceutical cannabinoids.
"On behalf of the Board and the entire MediPharm Labs team, I want to thank Shelley for her valuable contributions and leadership during her tenure. Shelley has been a Board member since 2020, and has helped guide the company's stable growth through some of the cannabis industry's early turbulent times. Shelley has been a strong voice for good corporate governance and thoughtful financial discipline throughout her tenure," said Chris Taves, Chair of the Board.
"We are also pleased to welcome Michael back to the Board. His financial expertise and prior experience with VIVO and MediPharm will provide additional valuable depth and perspective to the Board."
For more information:
MediPharm Labs
medipharmlabs.com
