OTTAWA,
April 25, 2014 /CNW/ - Tweed
Marijuana Inc. (TSXV: TWD) is pleased to announce that it has
appointed Don Gibbs as Chief
Financial Officer effective as of April 30,
2014.
Mr. Gibbs has a long history with Canadian
companies, starting his career with Leigh Instruments and then
moving to Mitel Corporation for eight years as its CFO and COO.
During this period Mitel was listed as a public company, was active
on several stock exchanges, and grew in sales revenue to
$250 million. Later Mr. Gibbs was
appointed CFO of Cognos Inc. and held that position at the time of
Cognos' initial public offering. This was followed by a position as
President and CEO of Gandalf Systems Inc. He later founded Positron
Fibre Systems Corporation by spinning it out of a private
Montreal company. In three years
Positron Fibre Systems went public on NASDAQ and was sold for
US$250 million. From 2007 to 2008 Mr.
Gibbs was Chairman and CEO of Tarquin Group Inc., a TSX Venture
Exchange listed company, and most recently Mr. Gibbs served as
President and CEO of AirIQ Inc., a TSX Venture Exchange listed
company.
Mr. Gibbs replaces Gerald Leahy who joined the company as CFO in a
part time capacity on closing of its recent qualifying
transaction.
"We are very happy to have Don Gibbs join us as our full time CFO" said
Chuck Rifici, Tweed's President and
CEO. "Don's experience at helping early stage public companies
achieve success will be invaluable to Tweed as we move forward with
implementing our business plan. At the same time we wish to
thank Gerald Leahy for his
instrumental role in the closing of the qualifying transaction and
in the transition of Tweed into the public entity we are
today."
All officer appointments remain subject to TSX
Venture Exchange approval.
About Tweed Marijuana Inc.
Tweed Marijuana Inc. is a TSX Venture Exchange
listed company. Its wholly owned subsidiary, Tweed, is a
licensed producer of medical marijuana in Canada. The principal activities of
Tweed are the production and sale of marijuana out of its facility
in Smiths Falls, Ontario as
regulated by the Marihuana for Medical Purposes
Regulations.
Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
SOURCE Tweed Marijuana Inc.