Veritas Farms, Inc. Announces Resignation of Michael Pelletier as an Employee of the Company
August 12, 2021 at 08:58 pm IST
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Veritas Farms, Inc. announced that Michael Pelletier entered into a Separation Agreement and a Consulting Agreement with the company pursuant to which he stepped down as an employee of the company and from any and all other positions he held with the company and its subsidiary, except pursuant to the Pelletier Consulting Agreement he would continue to serve as Chief Financial Officer for an interim period of three months in order to transition to his successor. On August 11, 2021, the Pelletier Consulting Agreement ended.
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.
VERITAS FARMS, INC. 
