Asterion Cannabis Inc is welcoming business executive Robert Coltura to its board of directors, the firm said Monday. 

The new board member was confirmed at the Vancouver-based company’s recent annual general meeting held on Friday. 

Coltura brings over 20 years of experience in the public sector as a director and officer, including his multiple current roles in corporate finance, resource companies and real estate. 

READ: Asterion Cannabis set to raise C$10M to fund construction of pioneering Toowoomba facility

Coltura currently serves as president and principal shareholder of Matalia Investments Ls, which provides management consulting and corporate finance services to public and private firms. He is also the CEO of Fiorentina Minerals Inc, a precious metals explorer in British Columbia, and president of Coltura Properties, which holds commercial real estate and hotels in North America. 

“We are extremely pleased to have Mr. Coltura join the Board of Directors of Asterion,” the firm’s CEO Steven Van Deventer said in a statement. “Collectively, the board's diverse experience and backgrounds will be a valuable asset as the company advances into the next phase of its development.”

Coltura joins Van Deventer, Kimberly Van Deventer, Shabira Rajan, Hamish Sutherland and Peter Haukedal on Asterion’s board.

Shareholders also re-appointed Smythe LLP as the company’s auditor and approved the firm’s 10% rolling stock option plan.

Asterion is currently raising C$10 million to fund the construction of its state-of-the-art cannabis greenhouse facility in Queensland, Australia.

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