XS Financial Inc. announced that Justin Vuong has been promoted to Chief Financial Officer, replacing Stephen Christoffersen. Mr. Christoffersen will continue to be a member of the XSF Board of Directors and serve as a member of the Company's Investment committee and chair of the Audit committee. Justin Vuong has been a senior member of the XS management team since 2019, primarily focused on finance, accounting, and corporate development.

Justin worked closely with Mr. Christoffersen and was the natural choice to ascend from his prior role as SVP of Corporate Development to Chief Financial Officer. Justin is a seasoned finance expert, boasting a finance career spanning over a decade. His extensive experience in capital markets, mergers and acquisitions, and investment strategies, combined with deep knowledge of the cannabis sector, will be invaluable as XS Financial continues to execute its growth plan.

Before joining the team at XS Financial, he served as an investment banking associate at Roth Capital Partners.