– USA, CA – Indus Holdings, Inc. (CSE: INDS | OTC: INDXF), a leading, California-focused cannabis company, today announced that Brian Shure and Kevin McGrath have been appointed to the board of directors.
“We are very excited to welcome Brian Shure and Kevin McGrath to Indus’ board of directors,” said George Allen, Board chairman. “Their collective expertise and knowledge in this industry will be invaluable as we position the company for a profitable future.”
The Company also announces that Arthur Maxwell has resigned from its board of directors.
“We have been fortunate to have Arthur Maxwell as a board member since the company’s inception. On behalf of myself and the organization, I would like to thank him for his guidance and continued support of Indus,” said Mark Ainsworth, interim CEO.
About Brian Shure
Mr. Shure is an experienced and disciplined financial manager with over 20 years of thought leadership as portfolio manager and business operations executive. Mr. Shure is currently President of Ambrose Capital Partners. Prior to Ambrose, Mr. Shure served as the chief financial officer at MedData, a revenue cycle management company in the healthcare industry where he oversaw significant organic and M&A growth. Mr. Shure was a Partner at Maximus Capital, a hedge fund dedicated to public health care investments, where he served on the firm’s Investment Committee. Mr. Shure is on the board of Prevent Cancer Foundation, the only U.S.-based non-profit organization solely dedicated to cancer prevention and early detection. Mr. Shure holds a BA from Yale University and MBA from Columbia Business School.
About Kevin McGrath
Mr. McGrath is a long-time investor in the cannabis space holding stakes in privately held medical cannabis companies such as Theraplant in Connecticut, LeafLine Labs in Minnesota, as well as being an early investor and former special advisor to GrowGeneration in Colorado. Prior to joining Indus’ board, Mr. McGrath was a founding partner of Merus Capital Partners, a New York City-based Hedge Fund. Mr. McGrath has held portfolio manager titles at Millennium Capital Management, Quad Capital Advisors, and First New York securities. Mr. McGrath is a graduate of the University of Notre Dame.
About Indus Holdings, Inc
Indus Holdings, Inc. is a vertically-integrated cannabis company with advanced production capabilities, including cultivation, extraction, manufacturing, brand sales & marketing, and distribution. Founded in 2014 and based in Salinas, California, Indus offers services supporting every step of the supply chain and an extensive portfolio of award-winning brands, including Cypress Cannabis, House Weed, The Original Pot Co., MOON, Acme, and Kaizen Medicinals. Indus Distribution, a division of Indus Holdings, Inc., is a leading distributor of cannabis products, servicing an extensive portfolio of brands and licensed retailers.
For more information: https://www.indusholdingsinc.com
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