SugarBud Appoints Two New Directors
October 01 2019 - 7:00AM
SugarBud Craft Growers Corp. (TSXV: SUGR, SUGR.WT) ("SugarBud" or
the “Company”) is pleased to announce the appointment of Ms. Janice
Comeau (CPA CA, ICD.D) and Mr. Stephen Martin (J.D., LL.M, MBA) to
the board of directors of the Company effective today.
Ms. Comeau has over 30 years of strategic corporate and
financial management experience spanning a variety of industries.
Ms. Comeau has served as CFO of a number of public and private
companies, including LMS Reinforcing Steel Group and Versacold
Corporation. In 2016, Ms. Comeau was named British Columbia CFO of
the Year and she is recognized as a financial leader for business
transformation. Ms. Comeau currently serves as chair of the board
and was previously audit committee chair of the Land Title and
Survey Authority of British Columbia. In addition to her role as a
director of SugarBud, Ms. Comeau will serve as chair of the audit
committee.
“We are thrilled to welcome Janice to our board of directors. We
are confident that her experience, knowledge, perspective and
diverse skill set will prove to be an incredible asset for our
company as we advance our strategic plans,” said John Kondrosky,
CEO of SugarBud.
Mr. Martin is a lawyer with more than 20 years of government,
corporate and private practice experience handling proactive and
reactive compliance-related matters, including enterprise, global
and in-country risk assessments, compliance program and risk
management program enhancement; internal investigations and
remediation work and corporate monitorships. He is a partner
at an international consulting firm, where he advises clients on
all matters related to corporate compliance and governance. Mr.
Martin was previously a partner at two international law firms,
worked as in-house counsel and/or compliance officer at three major
companies and has served as Assistant Attorney General in Missouri
and Assistant United States Attorney for the District of
Columbia. Mr. Martin holds a J.D. from Creighton University
School of Law, a LL.M with distinction from Georgetown University
Law Center and an MBA from the University of Denver. Mr.
Martin also has industry experience as a compliance advisor to
several cannabis industry companies, including a leading
Canadian-based publicly traded production and distribution company
and Integrated Compliance Solutions, a financial compliance and
merchant payment software solution. In addition to his role
as a director of SugarBud, Mr. Martin will serve as chair of the
corporate governance and compliance committee.
“The emerging cannabis industry is rapidly evolving, highly
regulated and very complex. We believe that corporate compliance
and governance are foundational imperatives for SugarBud and
critical elements in our overall success as a business and future
industry leader. Stephen brings tremendous perspective, experience
and credibility to SugarBud in this regard and we are very pleased
to welcome him as a member of our board,” said Mr. Kondrosky. “I am
confident that Stephen will make an immediate and powerful impact
as a new board member,” added Mr. Kondrosky.
"SugarBud strives for best in class strategic
planning, corporate compliance, corporate governance and audit
scrutiny," stated Dan Wilson, Chairman of the board of directors of
SugarBud. "The addition of Ms. Comeau and Mr. Martin to the board
is a significant step towards that goal and is an attestation to
the quality of the commercial business plan that has been developed
by the executive leadership team at SugarBud, led by CEO John
Kondrosky. SugarBud will continue to identify qualified candidates
to enhance the multi-disciplinary skill set we are accumulating
within our board of directors," Mr. Wilson continued.
About SugarBud SugarBud is a
federally licensed Alberta-based publicly traded cannabis company
focused on the cultivation and production of high-quality premium
cannabis, and product leadership through the development,
production and distribution of value-added cannabis products in
Canada.
http://www.sugarbud.ca/
John Kondrosky Chief Executive Officer SugarBud
Craft Growers Corp. Phone: (604) 499-7847 E-mail:
johnk@sugarbud.ca |
Brad Giblin Chief Financial Officer SugarBud Craft
Growers Corp. Phone: (403) 930-8507 E-mail:
bradg@sugarbud.ca |
Investor Relations Contact Gary Perkins,
President Tekkfund Capital Corp. Tel: (416) 882-0020
E-mail: garyperkins@rogers.com
Website:
http://www.sugarbud.ca/
Address: Suite 620, 634 - 6th Avenue S.W.,
Calgary, Alberta T2P 0S4
Forward Looking and Cautionary
Statements
This news release contains forward-looking
statements. More particularly, and without limitation, this news
release contains statements concerning: SugarBud’s assessment of
future plans and operations; and the appointment of new directors
and committee members of the Company. When used in this document,
the words “will,” “anticipate,” “believe,” “estimate,” “expect,”
“intent,” “may,” “project,” “should,” and similar expressions are
intended to be among the statements that identify forward-looking
statements. The forward-looking statements are founded on the basis
of expectations and assumptions made by SugarBud. Although SugarBud
believes that the expectations represented by such forward-looking
statements are reasonable, there can be no assurance that such
expectations will be realized. Any number of important factors
could cause actual results to differ materially from those in the
forward-looking statements including, but not limited to: SugarBud
may not obtain the required approvals from the TSX Venture Exchange
and other factors more fully described from time to time in the
reports and filings made by SugarBud with securities regulatory
authorities. Please refer to SugarBud’s most recent annual
information form and management’s discussion and analysis for
additional risk factors relating to SugarBud, which can be accessed
under SugarBud’s profile on www.sedar.com.
Except as required by applicable laws, SugarBud does not
undertake any obligation to publicly update or revise any
forward-looking statements.
Neither the TSXV nor its regulation services provider
(as that term is defined in the policies of the TSXV) accepts
responsibility for the adequacy or accuracy of this
release.
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