Turmoil Continues At Australian Cannabis Companies

This week Cannbiz report

ECS Botanics founder Alex Keach quits corporate role after eight months

ECS Botanics founder Alex Keach has resigned as head of corporate development and executive director with immediate effect.

In June 2022, executive general manager Nan-Maree Schoerie replaced Keach as managing director, with Keach moving into a new role leading corporate strategy, investor relations and strategic partnerships. He remained on the board as an executive director.

Stepping down: ECS Botanics founder Alex Keach

At the time, he said: “Nan and I have a strong friendship and business relationship, as the largest individual shareholders we are motivated to realise the value in the company which is representative of our efforts.

“I am looking forward to spending more time selling, promoting and uncovering corporate and strategic opportunities for ECS both locally and overseas.”

In an announcement to the ASX on Friday (February 10), Keach said of the company he started in 2018: “In a short period of time, ECS has built a market-leading medicinal cannabis business, through applying innovation in cultivation, investing in our people and treating shareholder capital like our own.

 

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