Business Bulletins News

IW Business Bulletin – July 22, 2022

freepik.com. Created by atlascompany.

WESK announces new CEO

Miriam Johnson was named the new CEO for Women Entrepreneurs Saskatchewan (WESK) this week.

“On behalf of the of WESK Board, it is my privilege to welcome Miriam Johnson as WESK’s new CEO,” said Colleen Dixon, WESK’s board chair. “As a board, we feel strongly that Miriam will lead WESK into a new, exciting chapter. Miriam has a breadth of experience and a passion that aligns with WESK’s mandate and values; we are confident we have found the right leader for the organization. I also want to thank my fellow board members for their support and commitment throughout recruitment,” acknowledged Dixon. “It was a seamless process, and we look forward to having Miriam guide WESK into the future.”

Johnson joins WESK from Avana, where she was the vice-president of brand. Prior to that, Johnson worked for the Saskatchewan Roughriders as director, marketing & fan engagement.

“WESK is, at its very core, about creating an environment where anyone can pursue their dreams. This team, this organization has been pivotal in making that idea a reality for so many women in Saskatchewan,” said Johnson. “This impact is felt across the province by the clients served and their significant contributions to the economy.”

Johnson joins WESK on August 9, 2022 and succeeds Prabha Ramaswamy, who served as WESK CEO until joining the Saskatchewan Chamber of Commerce earlier this year.

Cargill breaks ground on canola processing facility

Cargill broke ground on the company’s new $350 million canola processing plant on July 19. The plant, located at the Global Transportation Hub, is expected to be operational by early 2024.

This will be the second Cargill plant in Saskatchewan, with the first at Clavet. Cargill expects to produce one million metric tonnes at the Regina-based plant once it is online, and the project should create about 50 full-time jobs when complete.

BHP accelerates Jansen potash mine

BHP is looking to hasten construction at its Jansen potash project, with moving planned stage one production (4.35 million tonnes of potash per year) from 2027 into 2026. As well, the company is investigating how it can accelerate stage two production which would see another four million tonnes of annual production added. The pressure to have the Jansen mine online sooner is due to the disruption of the global fertilizer market from the war in Ukraine and sanctions on key exporters.

ZYUS Life Sciences ships to Australia

Saskatoon-based ZYUS Life Sciences has completed its first shipment of first-generation cannabinoid oil formulations to Australia, destined for the Australian medical cannabis market. The company’s Australian distributor will move the products to approximately 4,300 pharmacies across Australia under the country’s Therapeutic Goods Act (“TGA”) special access and authorized prescriber scheme.

Australia is the first international market for ZYUS, with three of ZYUS’ first-generation cannabinoid oil formulations (Zylem 1:20 Oil (high CBD), Zylem 10:10 Oil (balanced CBD/THC), and Zylem 20:1 Oil (high THC), available at pharmacies across Australia as ZYUS scales its presence.

“At ZYUS, we believe there is no mission more important than to improve quality of life for the millions suffering from chronic and sustained medical conditions.” said ZYUS CEO Brent Zettl. “This first international shipment of cannabinoid oil formulations to Australia marks an important step in ZYUS’ journey to improve a growing number of patient outcomes, and another milestone in the company’s plans for global expansion.”

Get the week’s top business stories every Friday free with the IW Business Bulletin.

Have a story for the IW Business Bulletin? Email us at info@industrywestmagazine.com