Veritas Farms, Inc. announced that on December 3, 2025, Thomas Krogh notified the Chairman of the Board of Directors of the Company that he would be stepping down as Chief Operating Officer of the Company effective December 31, 2025. On December 3, 2025, Marisa Cifre notified the Chairman of the Board of Directors of the Company that she would be stepping down as Chief Revenue Officer of the Company effective December 31, 2025. In the interim, the Company's Chairman of the Board of Directors, Interim Chief Executive Officer and President, and Interim Chief Financial Officer, Thomas E. Vickers, will assume the primary duties as Chief Operating Officer and Chief Revenue Officer of the Company with support from existing employees, contractors and consultants.
The Board of Directors of the Company intends to conduct a search of potential internal and external candidates to replace Mr. Krogh and Ms. Cifre.
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.
