Press Release ⚠ 5
New Green Hemp Announces Leadership Realignment, EcoGreen Development Priorities and Capital Planning Update
New Green Hemp's board approved a leadership realignment effective August 13, 2026: CEO Travis Cockerham took on the interim CFO role, Michael C. Minardi was named President, and Tracy S. Anderson and Archibald Lowe stepped down from their officer and director positions.
Subsidiary EcoGreen Biotech is developing hemp-based bioplastics, composites, and construction formulations including spray insulation and potential 3D printing, plus exploratory work on insulation for battery enclosures and discussions involving New York housing developments.
All commercialization efforts remain subject to technical evaluation, commercial agreements, and available funding; university research collaborations and pilot-scale infrastructure are being pursued with no committed timelines.
The board also discussed financing alternatives and considered a potential forward stock split, but deferred a final determination and approved no split ratio or implementation date.
• 1mo ago