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Podcast: The Winning Momentum Podcast with Scott Sinclair
Episode: CannTrust Pt 2 With Jay Richardson And Chris Mathers Discussing The Role Of Directors And Management
Description: In addition to a duty of loyalty and good faith to their corporate stakeholders, all Directors of a company are legally required to act with a duty of care and diligence. Same goes for the Officers of the company.In practical terms, the directors’ duty of care, diligence and skill requires the following:- Directors’ decisions must be informed judgments – decisions that take into account all material information reasonably available in the circumstances.- Directors must take due care to consider the relevant information; this means, for instance, that they must take the necess...