Board of Directors – MJ Shareholders https://mjshareholders.com The Ultimate Marijuana Business Directory Fri, 01 Oct 2021 15:20:07 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 Next Green Wave Appoints Curtis Floyd to Its Board of Directors https://mjshareholders.com/next-green-wave-appoints-curtis-floyd-to-its-board-of-directors/ Fri, 01 Oct 2021 15:20:07 +0000 https://www.cannabisfn.com/?p=2935392

Ryan Allway

October 1st, 2021


Vancouver, British Columbia–(Newsfile Corp. – October 1, 2021) – Next Green Wave Holdings Inc. (CSE: NGW) (OTCQX: NXGWF) (“Next Green Wave”, “NGW” or the “Company”) the Company is pleased to confirm the appointment of Curtis Floyd to NGW’s Board of Directors.

Mr. Floyd joins the Next Green Wave Board of Directors with an outstanding track record in business, entrepreneurship and leadership.

Currently, Mr. Floyd is:

  • a practicing attorney with The Law Offices of Curtis Floyd, holding an economics degree from UCLA and a law degree from Stanford, and;
  • a member of the Board of Directors of Mission Bank, a publicly traded community bank, headquartered in Central California. In addition to being a Board Member, Mr. Floyd is also a founder of Mission Bank, where he has served as the Chair of the Audit and Corporate Governance Committees, and as a member of the Mergers and Acquisitions Committee. Since its formation in 1999, Mission Bank has grown from a single branch with approximately US$5 million in assets to a chain that is now located in seven (7) cities around California, with assets in excess of US$1 billion.
  • Chairman of the Board of Directors of Community Action Partnership of Kern, a community service organization located in Central California, with an annual budget of US$45 million and over 900 employees.

During his legal career, Mr. Floyd has counseled numerous business owners on business formation, structuring, expansion, financing, compliance and litigation. Personally, Curtis has founded or invested in a vast array of diverse private business ventures, including, but not limited to, educational services, restaurants, farming, real estate development and construction. Curtis has invested in both private and public cannabis enterprises and currently owns over 5% of the outstanding shares of Next Green Wave, which places him in alignment with NGW Shareholders.

The Company has granted 850,000 stock options to Mr. Floyd under its stock option plan, exercisable at a price of CDN$0.50 per share, with an expiry date of five years, and will vest 25% every 6 months for a period of two years.

“Mr. Floyd’s diverse experience in business, governance, banking, risk management and California cannabis makes him a perfect addition to the Next Green Wave board to help guide the Company to the next level. We could not be more excited to have him join our team.” – Michael Jennings, CEO Next Green Wave

Unrelated to the above, the Company has granted 850,000 stock options under its stock option plan exercisable at a price of CDN$0.50 per share, with an expiry date of five years, to multiple contractors, where the vesting conditions are contingent on internal 2022 sales targets, none of which can vest before Dec 31, 2022.

About Next Green Wave

Next Green Wave is an integrated premium seed-to-shelf craft cannabis producer offering products through its in-house brand portfolio and wholesale flower for other large cannabis manufacturers. The Company owns and operates a 35,000 sq. ft. indoor facility in Coalinga, CA, which is home to our nursery, cultivation, distribution, and packaging business. Marketing, product design, and formulation are produced in-house; please follow along at www.nextgreenwave.com or on TwitterInstagram, or LinkedIn.

For more information regarding Next Green Wave please contact:

Matthew Jewell
CFO
Tel: +1 (604) 684-6844
[email protected]

Neither Canadian Securities Exchange (the “CSE”) nor its Regulation Services Providers (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

Next Green Wave Forward-Looking Statements

This press release contains forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, are “forward-looking statements” and such forward-looking statements and forward-looking information represent only NGW’s beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of NGW’s control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts” “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”. The forward-looking information and forward-looking statements contained herein may include, but are not limited to, the Company’s expectations for long-term (YE 2021, YE 2022 and YE 2023) revenue and adjusted EBITDA profitability, the ability of the Company to successfully achieve business objectives (including completion of construction and increasing production capacity), and expectations for other economic, business, and/or competitive factors. There can be no assurance that such forward-looking information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such forward-looking information. This forward-looking information reflects NGW’s current beliefs and is based on information currently available to NGW and on assumptions NGW believes are reasonable.

Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results, events or developments to be materially different from any future results, events or developments expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, among others: dependence on obtaining and maintaining regulatory approvals, including acquiring and renewing state, local or other licenses and any inability to obtain all necessary governmental approvals licenses and permits to complete construction of its proposed facilities in a timely manner; engaging in activities which currently are illegal under US federal law and the uncertainty of existing protection from U.S. federal or other prosecution; regulatory or political change such as changes in applicable laws and regulations, including U.S. state-law legalization, particularly in California, due to inconsistent public opinion, perception of the medical-use and adult-use marijuana industry, bureaucratic delays or inefficiencies or any other reasons; any other factors or developments which may hinder market growth; NGW’s limited operating history and lack of historical profits; reliance on management; NGW’s requirements for additional financing, and the effect of capital market conditions and other factors on capital availability, competition, including from more established or better financed competitors; the need to secure and maintain corporate alliances and partnerships, including with customers and suppliers; and risks and delays resulting from the COVID-19 pandemic. These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. Although NGW has attempted to identify important risk factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other risk factors that cause actions, events or results to differ from those anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in forward-looking statements. NGW has no obligation to update any forward-looking statement, even if new information becomes available as a result of future events, new information or for any other reason except as required by law.

This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.


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Goodness Growth Holdings Appoints Josh Rosen to Board of Directors https://mjshareholders.com/goodness-growth-holdings-appoints-josh-rosen-to-board-of-directors/ Fri, 13 Aug 2021 21:54:59 +0000 https://www.cannabisfn.com/?p=2929365

– Relationship with Bengal Capital brings additional capital markets resources –

MINNEAPOLISAug. 13, 2021 /PRNewswire/ — Goodness Growth Holdings, Inc. (“Goodness Growth” or the “Company”) (CSE: GDNS; OTCQX: GDNSF), a physician-led, science-focused cannabis company and IP incubator, today announced that its Board of Directors has appointed Josh Rosen to its Board of Directors, once again bringing the number of directors to seven.

Goodness Growth Holdings (CSE: GDNS; OTCQX: GDNSF) is the new parent company of Vireo Health and Green Goods. (PRNewsfoto/Goodness Growth Holdings)
Goodness Growth Holdings (CSE: GDNS; OTCQX: GDNSF) is the new parent company of Vireo Health and Green Goods. (PRNewsfoto/Goodness Growth Holdings)

Josh Rosen is Managing Partner at Bengal Capital, and former Chief Executive Officer and Chairman of 4Front Ventures. At 4Front, Josh helped lead the transformation of a pioneering industry consulting firm into an operations-focused, multi-state operator, notably including the acquisition of Cannex Capital in 2019. Prior to 4Front, Josh gained private equity experience managing the investment portfolio for a large family office and worked extensively in the public markets as an equity analyst, primarily at the global investment bank, Credit Suisse.

“We are excited to welcome Josh Rosen to our Board of Directors and look forward to his contributions as a proven cannabis industry executive and strategic advisor as we evaluate critical decisions for our business,” said Chairman and Chief Executive Officer, Kyle Kingsley, MD. “We are on the cusp of transformative growth as our markets transition from medical to adult use, and Josh immediately infuses our team with valuable cannabis experience during a period when we’re evaluating many strategic opportunities in real time. In addition to his operational expertise, his capital markets track record and relationships, and insights on executing strategic transactions will be extremely beneficial to our team.”

“Josh’s reputation and success in the cannabis industry was very attractive to us and we are pleased to invite him to join our Board of Directors. Our initial interactions with Josh have given us confidence that he will add value to the organization, and we look forward to his support in corporate governance with interests that are clearly aligned with our shareholders,” said Chelsea Grayson, Independent Director of Goodness Growth Holdings.

Josh Rosen commented, “Bengal Capital has been investing in the U.S. cannabis industry since its 2013 seed investment in Green Thumb Industries. Today, Goodness Growth represents one of Bengal Capital’s highest-conviction investment ideas, and we believe our focus on working closely with management teams as engaged shareholders can help maximize value in this rapidly evolving sector. I have always been impressed by the portfolio of assets that Kyle’s team has assembled and am looking forward to supporting the Company’s management team and Board through the Company’s next phase of growth.”

About Goodness Growth Holdings, Inc.

Goodness Growth Holdings, Inc., is a physician-led, science-focused holding company whose mission is to bring the power of plants to the world. The Company’s operations consist primarily of its multi-state cannabis company subsidiary, Vireo Health, Inc., and its science and intellectual property incubator, Resurgent Biosciences, Inc.. The Company manufactures proprietary, branded cannabis products in environmentally friendly facilities and state-of-the-art cultivation sites and distributes its products through its growing network of Green Goods® and other retail locations and third-party dispensaries. Its team of more than 500 employees are focused on the development of differentiated products, driving scientific innovation of plant-based medicines, and developing meaningful intellectual property. Today, the Company is licensed to grow, process, and/or distribute cannabis in eight markets and operates 18 dispensaries across the United States. For more information about Goodness Growth Holdings, please visit www.goodnessgrowth.com.

Contact Information

Investor Inquiries: Media Inquiries:
Sam Gibbon Albe Zakes
Vice President, Investor Relations Vice President, Corporate Communications
[email protected] [email protected]
(612) 314-8995 (267) 221-4800

SOURCE Goodness Growth Holdings, Inc.

This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.

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