SCOTTSDALE, Ariz., Feb. 15, 2019 /PRNewswire-PRWeb/ -- Global hemp manufacturer and distributor Niche Exports today announced the appointment of Paul DeFries as Chief Financial Officer. DeFries brings more than 25 years of experience in international commodity trading, risk analysis, and operations.
"We are excited to have Paul join our leadership team. His success in the European and Asian markets, along with his specialization in trade logistics is the type of high-caliber talent we need to support our worldwide growth goals," stated CEO and co-founder David Fowler.
Prior to joining Niche Exports, DeFries owned and operated a diverse portfolio of Indonesian assets with direct experience in transshipping bulk products to clients in China and India with high member yields.
DeFries was also the Trading Head of Dry Bulk at JPMorgan in Singapore responsible for developing the bank's physical presence throughout Asia and served as Group Head of Risk and Head of Macro Training at Noble.
While at Noble, DeFries developed a comprehensive understanding of all exposures associated with the commodity and logistics business, including quantification of risks, analysis of counter parties and streamlining of operations. He drove modelling and trading in non-normally distributed and illiquid markets such as freight and iron ore and executed strategies focused on asymmetric cross-commodity correlation.
In addition, DeFries was directly involved in the purchase and operation of a European-based global agricultural business which later sold for over USD $2 billion to Cofco in Beijing.
"Niche Exports is committed to sustainability, traceability and transparency throughout its production processes which aligns with my business values. I look forward to entering the international cannabis space with one of the industry's forerunners," stated DeFries.
Niche Exports produces THC-free full spectrum CBD oil, broad -spectrum CBD Isolate, and water-soluble CBD from American-grown industrial hemp. With offices in Scottsdale, Arizona, and Rapperswil, Switzerland, Niche Exports holds one of only five import and export hemp licenses in the European Union.
The hemp conglomerate currently operates several cultivation farms on the western slopes of Colorado covering 265 acres. The 100 percent organic facility utilizes proprietary purification technology and adheres to ethical farming practices, setting itself apart from other large-scale hemp producers.
For more information visit nicheexports.com.
About Niche Exports:
Established in 2017, Niche Exports is an industrial scale producer of THC-free full spectrum CBD Oil, broad-spectrum CBD Isolate, and water-soluble CBD. Our CBD is derived from American-grown industrial hemp. We utilize a proprietary purification technology that allows products with up to 90+% concentration of CBD without THC. We provide high purity broad spectrum CBD isolate, and THC-free full spectrum CBD oil of any potency. All of our products are third party tested to be free of pesticides, solvent residues, and heavy metals. We can fulfill large contracts >100 kg/mo.
SOURCE Proven Media
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