Charles Morgan, Chairman at Ananda Developments

Charles Morgan, Chairman

Charles Morgan is a resources and technology venture capitalist who has identified emerging sectors and acquired early stage and strategic positions in a wide range of ventures around the globe. He has a proven track record in identifying early stage commercial opportunities and acting as a corporate catalyst, acquiring strategic assets and positions, partnering with regional and technology experts, securing teams of appropriate executives and funds to build and develop projects and companies. He has a number of successful exits to his name, including the private acquisition of approximately 150,000 acres of oil and gas leases within the Marcellus Shale in North East Pennsylvania, USA. Having built this position in the early 2000s the acreage was farmed out, drilled and the working interests eventually sold to Chesapeake Energy, while retaining an ongoing royalty. He was also a founder of Clarity Pharmaceuticals Ltd,  Australia’s largest pharma ASX IPO.

Charles is involved in investing in various businesses and start-ups in the UK and San Francisco including Neuro‐Bio Ltd (discoverer of cause and potential drugs for Alzheimer’s, Parkinson’s and Motor Neurone Disease), TGMatrix (shipper and transport matching engine), Brytlyt (GPU based data base analytics), PensionBee (gathering people’s various pensions into one), Teamable (social media based employment) and Headnote (de‐chequing legal firms in the US).

Charles started his career in futures broking in London with M.L. Doxford & Co and left to join merchant bank Morgan Grenfell Limited in Sydney, Australia before moving to broking with ANZ McCaughan Dyson Limited in Melbourne and London. He then joined BZW Securities Limited in London before going back to Australia to form Morgan McFarlane a licensed securities dealer which raised equity funds for mining and oil exploration companies and has been awarded an honorary PhD by Curtin University in Australia for his services to the commercialisation of technology.

Charles also serves on the Company’s Scientific Advisory Board.


Melissa Sturgess, CEO at Ananda Devleopments

Melissa Sturgess, Chief Executive Officer

Melissa Sturgess holds a BSc and an MBA and has more than 20 years of experience as a director of UK and Australian Stock Exchange quoted companies, in the roles of Chair, CEO and non-executive director.  She has also chaired listed company audit committees and served on remuneration and corporate governance committees.

Melissa’s interest in the cannabis sector commenced with a trip to Israel in 2017 to review the medicinal cannabis research in that country. She subsequently co-founded UK based, AQSE quoted Ananda Developments Plc. Melissa was the recipient of the Executive of the Year at the Malta Cannabiz Awards in November 2019. She is a committee member of the Cannabis Industry Council and Co-Chair of its Research Working Group.

Melissa commenced her listed company career as a member of the Executive Committee of Aquarius Platinum Limited, the most successful Australian/UK dual listed company and a miner of platinum in South Africa and Zimbabwe.  She was also founding director of Sylvania Resources Limited and a number of other companies operating in the metals and mining sector throughout Africa and listed on the AIM Market in London.  During her career Melissa has raised significant amounts of capital and in 2017 she spearheaded the structuring and £50m financing for the acquisition of a building materials business in the Channel Islands. She is also a non-executive director of Lexington Gold Limited, an AIM quoted gold exploration company.


Stuart Piccaver, Director at Ananda Developments plc

Stuart Piccaver, Executive Director

Stuart, in his role as CEO of JEPCO, has considerable horticultural experience and direct experience of Cannabis cultivation and has been the driving force for many of the leading agricultural initiatives and successes of JEPCO and its associated companies.  From a standing start in July 2014, Stuart Piccaver led the team that proved a concept to grow natural season cannabinoids in the UK, lowering the cost of production by 78 per cent. The project grew 5 hectares in polytunnels (the same method used by Ananda in its growing) to fully assess and master the dynamics of UK production. The project proved its feasibility and created a growing blueprint for a highly scalable production technique.


Jeremy Sturgess-Smith, Head of IR Relations at Ananda Developments

Jeremy Sturgess-Smith, Finance Director

Jeremy is a co-founder of Ananda and played a key role in its initial public offering in July 2018 and ​drove Ananda’s acquisition of its initial 50% shareholding of DJT Plants in 2019​. ​In addition to his corporate finance ​and investor relations ​responsibilities Jeremy manages the Ananda and DJT Group accounting functions, the audit process, DJT Plants’ site security arrangements, IT and HR.  Jeremy is also a director of Montana Global Limited.


Dr-Inbar-Maymon-Pomeranchik, Director at Ananda Develoments plc

Dr. Inbar Maymon Pomeranchik, PhD, Non-Executive Director

Inbar Maymon-Pomeranchik is a Scientist and Biotech investment consultant expert, specializing in Life Science, Biotech, Ag-Tech with a particular expertise in the global medical cannabis industry.  She holds a PhD in plant sciences molecular biology from the Hebrew University of Jerusalem and a multi-disciplinary post-doctorate from the Weizmann Institute, combining drug biochemistry with plant science. Inbar brings more than 15 years of experience in molecular & genetic research as an R&D researcher and project leader in the Biotech industry in large, small and start-up technology corporates.


John Treacy, Non-Executive Director at Ananda Developments plc

John Treacy, Independent Non-Executive Director

Mr Treacy is an experienced London-based small cap financier who specialises in working with growing companies. He qualified as a solicitor in the London office of a major international law firm where he specialised in Capital Markets and Mergers & Acquisitions. From there he moved on to practice corporate finance in the advisory teams of several prominent UK brokerages where he acted as an adviser to a number of AIM companies and advised on numerous IPOs, acquisitions, debt restructurings and placings.


Professor Clive Page, Non-executive director at Ananda Developments plc

Professor Clive Page, Non-Executive Director

Clive Page is a Professor of Pharmacology, King’s College London and Director of The Pulmonary Pharmacology Unit, King’s College London. Clive’s main research interests are in the pharmacology of inflammation and respiratory diseases, and he has published over 250 scientific papers. Clive was the co-founder and previous Chairman of the Board of Verona Pharma plc which is now capitalised at approximately $1.25 billion and quoted on NASDAQ. He was awarded the Society of Biology President’s Medal in 2012 for an outstanding contribution to the life sciences over the previous year. He is a Fellow of the Royal Society of Biology and an Honorary Fellow and recent Past President of the British Pharmacological Society. In 2017, Clive was awarded an OBE for Services to Pharmacology.

Clive also serves as Chairman of the Company’s Scientific Advisory Board.