Business
ECGI Holdings Enhances Its Board of Directors, Targeting the Growing California Cannabis Industry
ECGI Holdings Enhances Its Board of Directors, Targeting the Growing California Cannabis Industry.
About this update from Ecgi Holdings Inc.
[{"type":"text","content":"\n LOS ANGELES, April 13, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- ECGI Holdings, Inc. (OTC PINK:ECGI) (“ECGI” or the \"Company\") today announces the addition of Deepak Panjwani to its board of directors.  Mr. Panjwani has extensive cannabis industry experience and will be instrumental in guiding ECGI as it expands its business opportunities in the California cannabis markets and as the Company changes its corporate identity to Elite Cannabis Group, Inc.  ECGI CEO William Chung commented, “We are extremely grateful to welcome Deepak to the ECGI family.  His very significant knowledge of the cannabis industry combined with his specific cannabis and finance industry experience will be well utilized as we move our business plan forward.” Deepak Panjwani is a professional cannabis connoisseur with years of cannabis, finance and compliance experience.  He is currently a managing partner at a holistic wellness lifestyle company that offers a line of CBD-infused energy products and additionally serves as the CEO of a technology company specializing in creating software solutions and supporting cannabis operations.  Prior, Mr. Panjwani was the director of operations and inventory for a vertically integrated cannabis company and a general operations manager for a cannabis cultivation facility.  Before transitioning to the cannabis industry professionally, Mr. Panjwani booked over 11 years of corporate finance and compliance with Bloomberg LP, New York Life Insurance Company and HSBC Bank. Mr. Panjwani also currently serves on the board of directors for Green America, a national 501(c)(3) nonprofit organization whose mission is to harness economic power — the strength of consumers, investors, businesses and the marketplace — to create a socially just and environmentally sustainable society. Mr. Chung continued, “The cannabis markets are especially dynamic at present, which is creating substantial opportunities to acquire and operate cannabis cultivation, processing and delivery services.  We have our sights on several of these properties, and we will be working toward definitive agreements.  In the meantime, our investors can expect to see us announce our new management team over the coming weeks.” ECGI recently announced its intention to change i...