Veritas Farms, Inc. Announces Appointment of Robert C. Schweitzer to Its Board of Directors
July 13, 2020 at 05:50 pm IST
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Veritas Farms, Inc. announced that it has appointed Robert C. Schweitzer to its Board of Directors. Schweitzer is a highly sought-after banking and finance executive who currently holds multiple board positions with publicly traded companies, including Chairman of The Board of 1-800-PET-MEDS and Chairman of the Audit Committee of Envision Solar International. He began his career as Vice President of the National Corporate Banking Group at Wachovia and has since held senior executive positions with The First National Bank of Chicago, Union Planters Bank (now Regions Bank), Bank of America, and most recently as President and Chief Operating Officer of Shay Investment Services Inc.
Veritas Farms, Inc. (Veritas Farms) is an agribusiness that is focused on growing, producing, marketing, and distributing quality, whole plant, full spectrum hemp oils and extracts containing naturally occurring phytocannabinoids (collectively, CBD). Veritas Farms owns and operates an approximately 140 acres farm in Pueblo, Colorado, capable of producing over 200,000 proprietary full spectrum hemp plants, which can potentially yield a minimum annual harvest of 250,000 to 300,000 pounds of outdoor-grown industrial hemp. Veritas Farm's products include capsules, gummies, tinctures, lotions, salves, creams, balm sticks, lip balms, and pet chews. It also operates approximately 15,000 square feet of climate-controlled greenhouses to produce a consistent supply of year-round indoor-cultivated hemp. In addition, there is a 10,000 square-foot onsite facility used for processing raw hemp, oil extraction, formulation laboratories, and quality/purity testing.