Althea Group Holdings’ management team has agreed to take a pay cut for the next six months after a quarter in which the firm wrote record sales and achieved cash flow positivity for the first time.

CEO Joshua Fegan and CFO Robert Meissner will see their salaries fall by 10% in Q2 and Q3, with the company’s non-executive directors taking a 25% cut.

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Prior to launching Cannabiz, Martin was co-founder and CEO of Asia-Pac’s leading B2B media and marketing information brand Mumbrella, overseeing its sale to Diversified Communications in 2017. A journalist...

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