Alan Silverman joins Kaycha Labs as Chief Financial Officer

With locations across the U.S., Kaycha Labs is establishing a national network of cannabis and hemp labs that provides essential product quality and safety information

FORT LAUDERDALE, Florida (May 25, 2020) – Kaycha Labs, a national leader in cannabis and hemp testing technologies and methods, is excited to announce the appointment of Alan Silverman as the company’s Chief Financial Officer.

The CFO position is a newly created role and was created to facilitate the company’s fast growth. Mr. Silverman will oversee all aspects of the company’s financial operations including accounting, budgeting, equity and debt fundraising, risk management, and financial reporting.

Mr. Silverman has worked in a broad array of other businesses in the healthcare and life sciences, software as a service, construction & real estate, and communication services industries. James Horvath, CEO, highlighted, “Kaycha is at a point where we need a seasoned and qualified professional to manage our financial operations. In less than three years, we have grown from a Florida-oriented company with 2 testing labs to a national testing lab company with 8 labs in 7 States. And with plans for continued expansion, we are pleased that we have found someone with Alan’s depth and breadth of experience.” John Schwartz, the COO, added, “Alan’s prior success in managing the financials of companies with numerous subsidiaries will allow Kaycha to effectively analyze and make good decisions regarding investments. His knowledge of tax and his experience in delivering in all aspects of this role including executing on major system conversions and creating robust financial management reporting packages will serve all of our stakeholders.”

ABOUT KAYCHA LABS: ​Headquartered in Fort Lauderdale, Florida, Kaycha Labs operates eight testing labs in seven states including California, Colorado, Florida, Kentucky, New York, Oklahoma, and Tennessee. Kaycha Labs has the largest network of accredited labs and is a recognized leader in testing precision and speed, delivering results within 48 hours with sample automation and technology innovation. For more information, visit KaychaLabs.com. Follow along on social media @KaychaLabs.

Media contact: David Haut, Simply180, david@simply180.com, 561-674-0757