TORONTO, Feb. 05, 2019 (GLOBE NEWSWIRE) -- MediPharm Labs Corp. (TSXV: LABS) (OTCQB: MLCPF) (the “Company” or “MediPharm Labs” the leader in specialized, research-driven cannabis extraction, is pleased to announce the appointment of Co-founder, Keith Strachan to President, with Founder, Pat McCutcheon continuing in his role as CEO and Chairman of the Board. The Company further expands its leadership team with three well-earned promotions and a strategic new hire: Kirk Binns assumes the role of Executive Vice President, Global Accounts; Dr. Chris Talpas is promoted to Vice President, Quality and Scientific Affairs; Michael Perron takes on the elevated role of Vice President, Business Development; and Laura Lepore, formerly of Home Capital Group Inc., has been brought on as Vice President, Investor Relations & Communications.
“This new bolstered leadership signals MediPharm Labs’ evolution and focus on transforming from a high-performing start-up to a world-class global leader in the industrial-scale manufacturing of high-quality cannabinoid-based derivatives,” said Pat McCutcheon, CEO and Chairman of MediPharm Labs. “Our exceptional, cohesive team responsible for our current day success is further strengthened by this new structure and additional roles. Each member of our senior team will apply their respective expertise to execute on our differentiated business model and defined strategies to rapidly accelerate our growth and leadership position both domestically and globally.”
Keith Strachan co-founded MediPharm Labs in 2015, utilizing his consultancy expertise in Public Sector RFP and government contracts, compliance for government licensing and local planning, to break the mold and secure the first Health Canada Licence for cannabis oil production without first being a cultivator. A seasoned entrepreneur, Keith has applied his leadership to building out MediPharm Labs’ leading-edge facilities, launching operations and growing its workforce, while also strategically driving business development with the Company’s many supply, contract processing and white label partner LPs.
A Molecular Biologist by training, Kirk Binns was a founding shareholder of MediPharm Labs. A serial entrepreneur, Kirk has spent most of his career in the North American deregulated energy markets, leading market expansions, client acquisitions and managed up to 100 reports across multiple markets. Over the last 12 years, he established and ran a multinational energy sales organization generating 7-figures annually, while also contributing to MediPharm Labs’ start-up and operations. Kirk takes on the role of EVP, Global Accounts to help MediPharm Labs realize its vision as the trusted global leader in cannabinoid-based derivatives.
Dr. Chris Talpas, a renowned Chromatography expert with 24-years in the bio-pharmaceutical field, was one of MediPharm Labs’ first employees, brought on to develop and validate the Company’s complex quality systems, processes, equipment and facilities. In his role as VP, Quality and Scientific Affairs, Dr. Talpas will broaden his oversight to include quality and scientific affairs in new global markets.
Prior to joining MediPharm Labs in August 2018, Michael Perron spent over 10 years in professional services and was the national advisory services lead supporting the cannabis industry and has been a key advisor to numerous LPs, LP applicants, and ancillary cannabis businesses. This industry expertise and network was critical in his business development role, earning him the promotion to Vice President, Business Development.
Laura Lepore brings more than 16 years of award-winning Investor Relations, Communications and Capital Markets experience across Financial, Industrial and Mining sectors. Laura was most recently AVP, Investor Relations at Home Capital Group Inc. and led IR through two significant transactions and a governance renewal. During her tenure with TD Bank Financial Group she held various roles in IR and Corporate Banking. Previously Laura was Director of IR for Newmarket Gold and Crocodile Gold. She earned her Bachelor of Arts, Economics from York University and is currently a Board Director for the Canadian Investor Relations Institute, Ontario Chapter.
MMJ Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held