Cannaponics has named WA cattle farmer Steve Birkbeck as its chairman in a move it said will add commercial expertise to the company and open up new business opportunities.
Birkbeck was the pioneer of Australia’s sandalwood oil export industry and one of the first Australians to export cosmetics and high-end perfume ingredients to France.
The appointment will see the creation of a strategic alliance that will provide Cannaponics with “access” to the Rainbow group of related entities founded by Birkbeck in 1990.
Cannaponics founder and managing director Rod Zakostelsky said Raintree has made an initial share investment in Cannaponics that will be reviewed “once Steve demonstrates to himself that he can add value to Cannaponics”.
“His focus is to build a robust non-executive board structure and where appropriate get his hands dirty, assisting as needed with product and export market development,” Zakostelsky said.
He said Birbeck has developed some of the country’s most successful agri-business and high-end biotech extractive technologies over three decades.
“We have a real opportunity in this country to set ourselves up on the global stage for cannabis production, leveraging off Australia’s optimal climate and renewable infrastructure,” Zakostelsky said.
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