VANCOUVER, Sept. 26,
2017 /CNW/ - Hempco Food and Fiber Inc. (TSX.V: HEMP)
("Hempco" or the "Company") is pleased to announce that, effective
immediately, the Hempco Board of Directors has appointed Mr.
Steve Dobler, P. Eng. as a director
of Hempco.
Mr. Dobler is the President and one of the
founders of Aurora Cannabis Inc. ("Aurora") (TSX: ACB) and is the
second of two Aurora executives appointed, expanding the Board to
seven directors from five. Mr. Dobler, who received his
Professional Engineer designation from the University of Alberta, has more than 25 years of
leadership experience in strategy, finance and operations
management with both privately and publicly held companies.
Throughout his career, Mr. Dobler's focus has been on achieving
operational excellence and efficiency, contributing to significant
revenue and profitability growth.
"Steve is an extremely valuable addition to
Hempco's Board, bringing significant strategic, operational and
capital markets experience, further strengthening our governance as
we enter a pivotal period in our corporate development," said
Charles Holmes, CEO. "His wise
counsel and strategic vision will serve our shareholders well, as
we execute on our growth strategy, including a major processing
capacity expansion."
About Hempco
For more than 12 years Hempco has been a trusted
and respected pioneer, innovator and provider of premier bulk hemp
seed foods. Hempco is committed to developing hemp foods, hemp
fiber and hemp nutraceuticals, a "tri-crop" opportunity for
producers and processors. Hempco is expanding its processing
ability to meet global demands in a 56,000 sq. ft. facility located
at Nisku, Alberta. Hempco's
common shares trade on the TSX Venture Exchange under the symbol
"HEMP". Hempco has grown its business significantly and is
generating value and profits for shareholders.
ON BEHALF OF THE
BOARD
Charles Holmes
Chief Executive Officer
HEMPCO FOOD AND FIBER INC.
charles@hempcocanada.com
We Seek Safe Harbour
This news release includes statements
containing certain "forward-looking information" within the meaning
of applicable securities law ("forward-looking statements").
Forward-looking statements are frequently characterized by words
such as "plan", "continue", "expect", "project", "intend",
"believe", "anticipate", "estimate", "may", "will", "potential",
"proposed" and other similar words, or statements that certain
events or conditions "may" or "will" occur. These statements are
only predictions. Various assumptions were used in drawing the
conclusions or making the projections contained in the
forward-looking statements throughout this news release.
Forward-looking statements are based on the opinions and estimates
of management at the date the statements are made, and are subject
to a variety of risks and uncertainties and other factors that
could cause actual events or results to differ materially from
those projected in the forward-looking statements. The Companies
are under no obligation, and expressly disclaims any intention or
obligation, to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise,
except as expressly required by applicable law.
The 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 Hempco Food and Fiber Inc.