Business
DrazCanna, Inc. (OTCBB: DZCA) Announces Actions for Entry into Emerging Growth Cannabis Bio-Pharmaceutical Research and Development Supply Chain
DrazCanna, Inc. (OTCBB: DZCA) Announces Actions for Entry into Emerging Growth Cannabis Bio-Pharmaceutical Research and Development Supply Chain.
About this update from Drazcanna Inc
[{"type":"text","content":"Cannabis Bio-Pharmaceutical Research and Development company announces shareholder approval of pending Reverse Merger, Selection of Auditors for Fiscal Year End 2022, location for DrazCanna's Detroit Center of Excellence, and Appointment of Independent Director to DrazCanna's Board of Directors.DEARBORN HEIGHTS, MI / ACCESSWIRE / July 27, 2022 / Cannabis bio-pharmaceutical research and development company, DrazCanna, Inc. (OTC:DZCA) announces results of Shareholder's vote electing Hussein Anani to DrazCanna's Board of Directors, approval of Reverse Merger Share Exchange Agreement, and approval of Bylaws for DrazCanna, Inc.During the Special Shareholders Meeting, the shareholders voted to approve the updated Bylaws, the Definitive Share Exchange Agreement for the reverse merger, and the election of Hussein Anani to the Board of Directors."As part of our commitment to excellence in corporate governance, I would like to introduce our new independent member to DrazCanna's Board of Directors, Jamal Mosallam," said company president, Hussein Anani. "Jamal brings over 20 years of business advisory and financial consulting experience helping organization drive growth and profitability with hands-on operations, sales, IT, finance, and business development expertise." Mr. Mosallam will serve as an independent director and member of the Audit Committee through the next Annual Meeting of Shareholders scheduled for August 2023. Mr. Mosallam added "I am very excited to be part of such a dynamic organization and I look forward to working with Hussein and other members of the board towards the advancement of our company."Jamal MosallamAs furtherance of DrazCanna's Corporate Governance objectives, the company is proud to announce the engagement of BF Borgers CPA PC ("BF Borgers") as its auditor for its fiscal year end June 30, 2022. The audit of the financial statements will be conducted in accordance with the standards established by the Public Company Accounting Oversight Board (PCAOB). The Company plans to file for a registration statement in the United States upon completion of the audit to continue its expansion plans to be a leading cannabis cultivation and processing organization."The audit represents an important step by the new management group towards establishing a leading cannabis company ...