AUXLY ANNOUNCES LEADERSHIP CHANGES
March 20 2020 - 7:30AM
Auxly Cannabis Group Inc. (TSX.V - XLY) (“
Auxly”
or the “
Company”) announces certain changes to its
executive team as described below:
- As part of a planned transition, Jeff Tung has resigned as the
Company’s Chief Operations Officer (“COO”)
effective immediately; and
- Alan Cooke has joined Auxly as Vice President, Domestic and
International Supply Chain and Operations.
“Auxly’s management team is committed to the
long-term success of the Company and feel more confident than ever
in executing on our growth strategy with Alan bringing his
extensive experience to our operations team,” said Hugo Alves, CEO.
“Jeff’s departure comes after a successful transition of
operational oversight to Alan. We are extremely fortunate to
have had Jeff as part of the Auxly family from the beginning; he
was instrumental in building the Company to where it is today and
we wish him all the best as he goes on to pursue his other
passions.”
Executive Biography – Alan
Cooke
Alan Cooke brings with him an established
network of international contacts across such sectors as cannabis,
food and beverage, retail, telecommunications and tobacco. Alan has
spent over 20 years in senior management roles in supply-chain and
operations, with experience at national and international levels
working with renowned brands such as Tesco, Kuehne + Nagel,
T-Mobile, British American Tobacco and Canada Bread. While at
Canopy Growth, he managed over four million square feet of
cultivation operations across Canada.
ON BEHALF OF THE BOARD
"Hugo Alves” CEO
About Auxly Cannabis Group Inc. (TSX.V:
XLY) (OTCQX: CBWTF)Auxly is an international cannabis
company dedicated to bringing innovative, effective, and
high-quality cannabis products to the medical, wellness and
adult-use markets. Auxly's experienced team of industry
first-movers and enterprising visionaries has secured a diversified
supply of raw cannabis, strong clinical, scientific and operating
capabilities and leading product research and development
infrastructure in order to create trusted products and brands in an
expanding global market.
Learn more at www.auxly.com and stay up to date
at Twitter: @AuxlyGroup; Instagram:
@auxlygroup; Facebook: @auxlygroup; LinkedIn:
company/auxlygroup/.
Investor Relations:
For investor enquiries please contact our
Investor Relations Team: Email: IR@auxly.comPhone:
1.833.695.2414
Media Enquiries
(only):
For media enquiries or to set up an interview
please contact:Email: press@auxly.com Notice Regarding
Forward Looking Information:This news release contains
certain "forward-looking information" within the meaning of
applicable Canadian securities law. Forward-looking information is
frequently characterized by words such as "plan", "continue",
"expect", "project", "intend", "believe", "anticipate", "estimate",
"may", "will", "potential", "proposed" and other similar words, or
information that certain events or conditions "may" or "will"
occur. This information is only a prediction. Various assumptions
were used in drawing the conclusions or making the projections
contained in the forward-looking information throughout this news
release.
The forward-looking information contained in
this release is expressly qualified by the foregoing cautionary
statements and is made as of the date of this release. Except as
may be required by applicable securities laws, the Company does not
undertake any obligation to publicly update or revise any
forward-looking information to reflect events or circumstances
after the date of this release or to reflect the occurrence of
unanticipated events, whether as a result of new information,
future events or results, or otherwise.
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.
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