HEXO Corp Chief Brand Officer Adam Miron steps down from position, stays on as key Board member
July 18 2019 - 6:30AM
HEXO Corp (“HEXO” or the “Company”) (TSX: HEXO; NYSE: HEXO)
announces that HEXO co-founder, Adam Miron, has decided to step
down from his position as Chief Brand Officer. These changes are
effective today. Adam Miron co-founded HEXO six years ago with
Sebastien St-Louis and has played a key role not only in building
the company, but as an innovative leader in the cannabis industry.
Adam will retain his seat on the HEXO Board of Directors and will
continue to serve as President of the Board of Directors of HEXO
MED, the Company’s Greek affiliate.
“Building HEXO has been one of the greatest privileges of my
life,” said HEXO co-founder, Adam Miron. “I am a builder. What I
see today is an established company with amazing leadership across
all functions. I would like to thank the entire team and all our
supporters for making this possible.”
“Adam’s vision, passion, keen sense of business, marketing
and leadership were pivotal in the creation, growth and success of
HEXO,” said HEXO’s Chairman of the Board of Directors, Dr. Michael
Munzar. “We thank Adam for his dedication to HEXO in the past and
look forward to having him play a more active role on the Board as
he continues to guide the company’s success.”
Adam will transition his internal responsibilities to members of
the leadership team and will remain committed to fulfilling planned
external obligations as HEXO’s representative.
“I have the utmost respect for Adam,” said HEXO CEO and
co-founder, Sebastien St-Louis. “As a responsible entrepreneur,
Adam recognizes where he brings the most value and I respect his
decision to take on new challenges and focus on his true passion:
building. Working with Adam on building HEXO over the past six
years has been not only an incredible professional journey, but
also a truly unique story of friendship. On behalf of the entire
HEXO family, I would like to thank Adam for his invaluable
contributions to our company so far, and I look forward to
continuing to work with him on the HEXO board and on HEXO
MED.”
About HEXO Corp HEXO Corp
is an award-winning consumer packaged goods cannabis company that
creates and distributes innovative products to serve the
global cannabis market. Through its hub and spoke business
strategy, HEXO Corp is partnering with Fortune 500 companies,
bringing its brand value, cannabinoid isolation technology,
licensed infrastructure and regulatory expertise to established
companies, leveraging their distribution networks and capacity. As
one of the largest licensed cannabis companies in Canada, HEXO Corp
operates with 2.4 million sq. ft of facilities in
Ontario and Quebec. The Company is also expanding
internationally and has a foothold in Greece to establish a
Eurozone processing, production and distribution centre. The
Company serves the Canadian adult-use markets under its HEXO
Cannabis and Up Cannabis brands, and the medical
market under HEXO medical cannabis. For more information
please visit hexocorp.com.
Forward-Looking
Statements This press release contains
forward-looking information and forward-looking statements within
the meaning of applicable securities laws (“forward-looking
statements”). Forward-looking statements are based on certain
expectations and assumptions and are subject to known and unknown
risks and uncertainties and other factors that could cause actual
events, results, performance and achievements to differ materially
from those anticipated in these forward-looking statements.
Forward-looking statements should not be read as guarantees of
future performance or results. A more complete discussion of the
risks and uncertainties facing the Company appears in the Company’s
Annual Information Form and other continuous disclosure filings,
which are available on SEDAR
at www.sedar.com and EDGAR
at www.sec.gov. Readers
are cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date of this press release.
The Company disclaims any intention or obligation, except to the
extent required by law, to update or revise any forward-looking
statements as a result of new information or future
events, or for any other reason.
Investor Relations: Jennifer
Smith 1-866-438-8429 invest@HEXO.com www.hexocorp.com
Media Relations: Caroline
Milliard (819) 317-0526 media@hexo.com A
video accompanying this announcement is available
at https://www.globenewswire.com/NewsRoom/AttachmentNg/98bc9feb-5e8a-452f-bee4-75b495d00f01
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