Entourage Health Corp., a Canadian producer and distributor of award-winning cannabis products announced the appointment of Vaani Maharaj, a seasoned financial executive with broad experience in corporate finance, healthcare and consumer-packaged goods (CPG). She joins the Company as incoming Chief Financial Officer (CFO) and succeeds Beth Carreon, who will be stepping down from her role as CFO effective May 4, 2022, to pursue an opportunity outside the industry.
Most recently, Ms. Maharaj served as Vice President of Finance and Operations at Amica Senior Lifestyles where she led the operations finance team across North America responsible for shared services, development accounting, business performance, and strategic analysis. An accountant with a CPA-CA Ontario designation, she brings over 15 years of finance leadership experience at top-tier organizations including General Mills, Chartwell Retirement Residences, and BDO Canada.
“Over the past year, Entourage experienced a transformative period of commercial expansion and 54 per cent record revenue growth, rooted in a solid system of financial discipline and controls established by Beth as our CFO. We appreciate her leadership and contributions throughout this milestone year, and we thank her for welcoming Vaani to our team and assisting in her transition as we move into a period of sustainable growth and financial stability,” said George Scorsis, CEO and Executive Chair, Entourage. “Vaani is a seasoned and inspiring leader that brings a drive for execution and top-line performance. Her extensive experience in leading cross-functional teams will be integral to our success going forward as we establish new commercial growth targets to drive further revenue growth and build greater shareholder value.”
Ms. Maharaj will be based out of Entourage’s corporate office in Toronto, where she resides.
About Entourage Health Corp.
Entourage Health Corp. (formerly WeedMD Inc.) is the publicly traded parent company of Entourage Brands Corp. (formerly WeedMD RX Inc.) and CannTx Life Sciences Inc., licence holders producing and distributing cannabis products for both the medical and adult-use markets. With the addition of Starseed Medicinal, a medical-centric brand, Entourage has expanded its multi-channeled distribution strategy. Starseed’s industry-first, exclusive partnership with LiUNA, the largest construction union in Canada, along with employers and union groups complements Entourage’s direct sales to medical patients. In 2021, Entourage acquired craft cultivator CannTx Life Sciences Inc. which operates out of its state-of-the-art micropropagation and specialty extraction facility in Guelph, Ontario. Entourage’s elite adult-use product portfolio includes craft brand Royal City Cannabis, Color Cannabis and Saturday Cannabis – sold across eight provincial distribution agencies. For more information, please visit us at www.entouragehealthcorp.com
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