Avicanna appoints Ozgur Kilic to board, McVicar resigns

Avicanna Inc. (TSX: AVCN) announced board changes effective April 1, 2026, with John McVicar resigning and Ozgur Kilic joining as a new director.

Kilic brings more than 20 years of experience as a global business executive and CEO, with background as a strategic CFO and COO at various public companies and private equity-backed pharmaceutical companies across the United States, United Kingdom, Italy, and Switzerland. He holds degrees from Koc University in Business Administration and History, an MBA in Finance and Investment from Stuttgart Institute of Management and Technology, and professional qualifications as an Associate Chartered Management Accountant and Chartered Global Management Accountant.

"I am honored and excited to join the Board of Directors at Avicanna at such a pivotal time in the company's evolution," Kilic stated in the announcement.

The Toronto-based biopharmaceutical company focuses on developing, manufacturing and commercializing plant-derived cannabinoid-based products. Avicanna operates through four business segments: medical cannabis formulary, medical cannabis care platform, pharmaceutical pipeline, and active pharmaceutical ingredients.

The company's RHO Phyto brand offers cannabinoid products including oral, sublingual, topical, and transdermal deliveries and is available nationwide in Canada. Its MyMedi.ca platform provides medical cannabis care services with pharmacist-led patient support programs.

Avicanna also maintains a pharmaceutical pipeline of proprietary cannabinoid-based candidates in clinical development targeting dermatology, chronic pain, and neurological disorders. The company's majority-owned subsidiary Santa Marta Golden Hemp SAS supplies active pharmaceutical ingredients including CBD, THC and CBG to international partners.

The information is based on a company press release statement.

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