VANCOUVER and DENVER, July 26, 2019 /CNW/ – Hashish One Holdings Inc. (CSE:CBIS) (“Hashish One”, “CBIS” or the “Firm”), an rising premier “Home of Manufacturers” in North America, is happy to announce that the board of administrators of the Firm (the “Board”) has appointed Mr. Joshua Mann as President of the Firm and Mr. Christopher Fenn as Chairman of the Board.
Mr. Mann is Co-Founder and Common Accomplice of Wildhorse Capital Companions Inc. (“Wildhorse”), a Calgary-based service provider financial institution and capital markets advisory agency. Previous to co-founding Wildhorse, Mr. Mann served as Vice President, Enterprise Improvement for what’s now Pipestone Power Corp., a Canadian oil and fuel firm, the place he was integral in elevating over $160 million in fairness financing. Mr. Mann started his capital markets profession in funding banking with Stifel Nicolaus Weisel, the place he suggested firms on fairness, debt, and M&A mandates, helping company issuers in elevating greater than $three billion in capital. Mr. Mann additionally sits on the Advisory Board of Rocky Mountain Extracts Corp., a Canadian cannabinoid extraction firm primarily based in Alberta.
Mr. Fenn can also be Co-Founder and Common Accomplice of Wildhorse. Previous to co-founding Wildhorse, Mr. Fenn served as Senior Vice President, Enterprise Improvement with Gabriella’s Kitchen, a publicly listed, pure-play cannabis wellness firm with operations all through the USA and Canada, and as Managing Director with Oliver Capital Companions Inc., a North American service provider financial institution. Mr. Fenn additionally sits on plenty of non-public firm boards.
Mr. Jeffery A. Mascio, CEO of the Firm acknowledged: “We’re very excited to have Josh and Chris, who’ve been working intently with the Firm for over two years now and have sat on our board of administrators since we went public earlier this 12 months, tackle far more energetic roles with the Firm. We imagine that their elevated involvement will assist take Hashish One to the subsequent stage by way of making a extra structured capital markets and M&A technique. Josh brings a wealth of capital markets information and expertise and shall be instrumental in helping the Firm with its future financing wants, whereas Chris brings his enterprise acumen and perception to assist the Firm function at a better and extra environment friendly stage. I stay up for working intently with each Josh and Chris together with the remainder of the members of the Hashish One staff to proceed to develop the Firm organically and thru strategic acquisitions.”
About Hashish One
IF WE BRAND IT, THEY WILL COME – Hashish One Holdings Inc. (CSE:CBIS) (“Hashish One”, “CBIS” or the “Firm”) is targeted on aggregating and optimizing standard cannabis manufacturers all through North America. With its distinctive, franchise-ready retail model, The JointTM, and thru focused acquisition and partnership alternatives, Hashish One intends to turn into the premier, globally-recognized, “Home of Manufacturers”, holding a shopper portfolio of award-winning merchandise with an in depth market footprint. By means of the Firm’s The JointTM retail idea, Hashish One intends to leverage the patron and model information harvested from its retail areas to deliver data-driven analytics to an rising, branded trade. For customers, Hashish One wishes to turn into the definitive supply for unparalleled product choice and famend service in an in any other case fragmented market.
Disclaimer and Ahead-Wanting Data
Sure statements contained on this press launch represent forward-looking info. These statements relate to future occasions or future efficiency. The usage of any of the phrases “anticipate”, “might”, “intend”, “anticipate”, “imagine”, “will”, “projected”, “potential”, “estimated” and related expressions and statements referring to issues that aren’t historic details are supposed to determine forward-looking info and are primarily based on the events’ present perception or assumptions as to the result and timing of such future occasions. Precise future outcomes might differ materially. These statements are solely predictions. Readers are cautioned that the assumptions used within the preparation of such info, though thought of cheap on the time of preparation, might show to be imprecise and, as such, undue reliance shouldn’t be positioned on forward-looking statements. Ahead wanting statements embody, however aren’t restricted to, the appointment of a brand new director of the Firm. The Firm assumes no obligation to replace forward-looking statements, whether or not because of new info, future occasions or in any other case, besides as required by relevant legislation.
The forward-looking info contained on this launch is made as of the date hereof and the events aren’t obligated to replace or revise any forward-looking info, whether or not because of new info, future occasions or in any other case, besides as required by relevant securities legal guidelines. Due to the dangers, uncertainties and assumptions contained herein, buyers shouldn’t place undue reliance on ahead wanting info. The foregoing statements expressly qualify any forward-looking info contained herein.
Hashish is authorized in sure States in the USA (“U.S.”), nonetheless cannabis stays unlawful underneath U.S. federal legal guidelines. Hashish One Holdings Inc. (CSE:CBIS) (“Hashish One”, “CBIS” or the “Firm”) intends to conduct its U.S. cannabis operations in a way in line with the relevant State legal guidelines and in compliance with regulatory and licensing necessities relevant within the relevant State. Not like in Canada which has Federal laws uniformly governing the cultivation, distribution, sale and possession of cannabis underneath the Hashish Act (Federal), readers are cautioned that within the U.S., cannabis is essentially regulated on the State stage. To the information of Hashish One, there are to this point a complete of 33 states, plus the District of Columbia, which have legalized cannabis in some kind. However the permissive regulatory surroundings of medical cannabis on the State stage, cannabis continues to be categorized as a managed substance underneath the Managed Substances Act within the U.S. and as such, cannabis-related practices or actions, together with with out limitation, the manufacture, importation, possession, use or distribution of cannabis are unlawful underneath U.S. Federal legislation. Strict compliance with State legal guidelines with respect to cannabis will neither absolve Hashish One in every of legal responsibility underneath the U.S. Federal legislation, nor will it present a protection to any Federal continuing, which can be introduced in opposition to Hashish One. Any such proceedings introduced in opposition to Hashish One might materially adversely have an effect on its operations and monetary efficiency within the U.S. market.
SOURCE Hashish One Holdings Inc.
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