Exactus Announces the Promotion of Derek Du Chesne as Company President and Appointment to the Board of Directors
May 11, 2020 at 05:30 pm IST
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Exactus, Inc. announced that the Company has promoted Derek Du Chesne to President. In less than 3 months with Exactus and various accolades, the Company has promoted Derek Du Chesne to President and appointed him to the Board of Directors. Derek was initially brought on as Chief Growth Officer, where he implemented internal infrastructure systems designed to scale while developing additional income streams for Exactus. Derek has utilized his vast connections within the food and beverage, pets, cosmetics, pharmaceutical industries and added immense value to Exactus. Prior to joining Exactus, Derek was responsible for over $50MM in 2019 revenue and secured over $40 million in funding for his previous Company. He is a thought leader in the industry and has the expertise, vision and ability to create change. Derek is an integral part of Exactus becoming the leading cultivator and manufacturer of hemp derived ingredients. Mr. Du Chesne is a brand management professional who has a proven track record of creating integrated marketing strategy platforms, through concept, development, and launch, as well as building iconic brands by orchestrating successful campaign deployment on both a global and regional scale.
Panacea Life Sciences Holdings, Inc. is a holding company organized as a plant-based natural health ingredient and product company. It specializes in the development, manufacturing, research, and distribution of products with natural health and wellness market segment for both humans and animals. The Companyâs subsidiary, Panacea Life Sciences, Inc. (PLS) is engaged in the production, distribution, research, and manufacturing of nutraceuticals, cannabinoids, mushrooms, kratom, and other natural, plant-based ingredients and products. The Company also offers natural remedies within its branded product lines for every aspect of life, including PANA Health, PANA Beauty, PANA Sport, PANA Pet, PANA Pure, and PANA Life. It also operates 51,000 square foot current good manufacturing practice (cGMP) facility located in Golden, Colorado. The Company, through Panacea Life Sciences Holdings, Inc., manages six retail locations and a distribution center situated in the Tampa, Florida area.