On February 26, 2021, Ziv Turner was removed as the sole director and David Kugelman was appointed as the sole director of OWC Pharmaceutical Research Corp. On March 2, 2021, Zvi Ritterband was removed as the sole director of the Company's wholly-owned Israeli subsidiary, One World Cannabis Ltd., and David Kugelman was appointed as the sole director of the subsidiary. Mr. Kugelman is the President of Atlanta Capital Partners.