TORONTO–(BUSINESS WIRE)–The Board of Directors of FSD Pharma Inc. (CSE: HUGE) (OTCQB: FSDDF) (FRA: 0K9) (“FSD” or the “Company”), unanimously voted Raza Bokhari, M.D., Executive Co-Chairman of the Board, as permanent Chief Executive Officer. Dr. Bokhari has served as interim CEO of the Company since February.
“It is a high honor to assume such an awesome responsibility at this very important inflection point in our Company’s history,” said Dr. Bokhari. “I am counting on our hardworking and enterprising team, our esteemed board members and the generous support of our shareholders and stakeholders to guide me in my role as CEO. We aim to deliver sustainable, positive shareholder value in this groundbreaking, disruptive cannabinoid-based industry where we hope to have the potential to help alleviate pain and suffering for people around the world, through the use of medicinal grade cannabis and synthetic and biosynthetic cannabinoid pharmaceuticals.”
Anthony Durkacz, FSD founder & Executive Co-Chairman said, “As interim CEO, Dr. Bokhari has already navigated the company through some tough decisions, and he is rapidly advancing our strategic vision and mission to become a market leader in medicinal cannabis and cannabinoid pharmaceutical applications.” It was a logical and easy decision for the board to unanimously appoint Dr. Bokhari permanent CEO in addition to his role as the Executive Co-Chairman. I have no doubt in my mind that he will lead FSD to better days ahead.”
Dr. Bokhari brings a wealth of knowledge in global business and healthcare services. He currently serves as the Chairman of the Board of PCL, a nearly 50-year-old global diagnostic provider of addiction screening and opioid prescription medication monitoring, including designer drugs and synthetic cannabinoids. He is also the managing partner of RBxCapital, LP, a multi-strategy, multi-stage PE fund focused on investing primarily within the healthcare and cannabinoid space. Dr. Bokhari is the Recipient of Philadelphia Business Journal’s “40 under 40” award and has over the past several years developed outstanding expertise in aggregating and accelerating life sciences and healthcare services companies. He has a vast knowledge base of developing creative concepts, implementing programs and forming strategic alliances. Dr. Bokhari has a Doctor of Medicine degree from the University of Punjab, Rawalpindi Medical College, and an Executive MBA from Temple University, Fox School of Business & Management.
On May 30, the company also reported its financial results for the three months ended March 31, 2019. These filings are available for review on the Company’s SEDAR profile at www.sedar.com.