CALGARY,
AB, Sept. 12, 2023 /CNW/ - The Hempshire
Group, Inc. (formerly Hoist Capital Corp.) ("Hempshire" or
the "Company") (TSXV: HMPG) announces the resignation of
Chief Financial Officer ("CFO") William
Hahn, effective September 29,
2023 who has accepted a new position in a different
industry. The Company will appoint Paul
Stacey to the role of Interim CFO effective September 29, 2023.
"On behalf of the Board and everyone at Hempshire, I want to
thank Mr. Hahn for his service and dedication to Hempshire and all
of its stakeholders," said Alex
Shegelman, Director and CEO of Hempshire. "I am excited to
welcome Mr. Stacey to the team who brings a wealth of expertise and
experience as we continue to execute our strategic growth
initiatives.
About Paul
Stacey
Mr. Stacey is a seasoned CFO and brings with him extensive and
relevant industry experience, and strong executive leadership in
the areas of corporate finance, financial planning, strategy and
operations. Mr. Stacey served as the Chief Financial Officer of Dr.
Murphys – a well-respected cannabis extraction and distribution
facility with its own brand in market. Prior to Dr. Murphys, Paul
was variably the CFO or the COO of a number of businesses or
start-ups through a partnership with private equity funds. As a
partner or advisor to private equity firms Paul managed and
improved cashflow, grew revenues and optimized assets and pricing
for a number of private equity owned consumer packaged goods
companies. Earlier in his career, Paul held leadership roles with
Gund, Ricoh USA, Cendant and
Nabisco. He started his career as an auditor with
PriceWaterhouseCoopers.
About Hempshire
Hempshire formulates and markets its own proprietary brand of
organic hemp smokes under the MOUNTAIN® Smokes brand name,
including MOUNTAIN® Original, Mint Squeeze, and
Pineapple Squeeze. MOUNTAIN® Smokes were created as a
smooth and delicious smokable alternative that looks, feels, burns
and smokes just like a tobacco cigarette, but contains no tobacco,
no nicotine, no additives, and no preservatives.
MOUNTAIN® Smokes are made up of a proprietary blend of
only three herbal ingredients – organic hemp, organic sage, and
organic mullein.
Information about the Company's MOUNTAIN®
Smokes line of Hemp Smokes can be found at the Company's
ecommerce website at https://mountainsmokes.com.
Reader Advisory
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
SOURCE Hempshire Group