Phivida Holdings Inc. announced that John Caruso, an independent director of the Company, has resigned as director. The board has appointed John Di Girolamo to the Company's board of directors as a new independent director of the Company. John Di Girolamo is the Managing Partner of Liberty North Capital Corp., an independent, boutique investment bank focusing on finance and advisory services for both private and public companies. Mr. Di Girolamo brings a wealth of capital market expertise having worked in the industry for 20 years. He has been an active investor and advisor to companies in the cannabis sector, and also acts as a director and President at Starling Brands, a manufacturer of premium cannabis products in California. Prior to founding Liberty North Capital, Mr. Di Girolamo held roles in trading and wealth management.