CannaPowder, Inc. announced that on May 7, 2019, Liron Carmel resigned as Chief Executive Officer and a Director and Shai Cohen was appointed Chief Executive Officer and a director. Mr. Cohen has served as the company's chief executive officer since May 7, 2019. Mr. Cohen has been an entrepreneur and business development advisor since 1997.

With numerous successful global ventures, Mr. Cohen advises senior management teams on creating strategic business development plans and building brands for targeted markets.