IN BRIEF: MGC Pharmaceuticals appoints Yifat Steuer deputy CEO

Archived article

Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

MGC Pharmaceuticals - Perth, Australia-based medicinal cannabis company - Appoints Yifat Steuer as the company's new chief operating officer and deputy chief executive officer. Steuer has worked across a range of pharmaceutical companies, including Johnson & Johnson, GSK PLC as well as with start-ups. The company said that Brett Mitchell has moved from executive chair to non-executive chair ‘to be more in line with corporate structuring of UK listed companies.’

MGC also appointed Hannam & Partners as financial and corporate advisers. Says Hannam & Partners is a ‘highly regarded’ UK advisory firm with a track record in UK capital markets, and more recently in the UK and EU cannabis sector.

Current stock price: 0.85 pence, up 6.3% on Tuesday

12-month change: down 72%

Copyright 2022 Alliance News Limited. All Rights Reserved.