Vancouver, British Columbia–(Newsfile Corp. – April 19, 2023) – AgriCann Solutions Corp. (the “Company” or “AgriCann“) announces executive appointments and voting results from the Company’s Annual General and Special Meeting (“AGM”) held in Vancouver, British Columbia on April 17, 2023.
The Company is pleased to announce the appointment of Mr. Adam Sancewicz as Chief Executive Officer. Since joining AgriCann as Executive Vice-President of Operations in Q4 2021, Adam progressively assumed greater responsibilities as a strategist, team leader and sales director. After refining, implementing and successfully establishing the economics of our strategic business model, Adam built a dedicated technical and operations team and assembled a genetic library and pipeline of rare and potent cultivars, key inputs to our branding and market positioning. Appointed President in August 2022, Adam spearheaded the difficult decision to transition operations from our Lake Country greenhouse operations to the fully licenced ~18,000 sq.ft. four-unit building in Vernon we currently occupy, perfectly suited for our expansion plans. Adam’s focus and passion is integral to AgriCann’s ambitions to build and strengthen the cannabis industry using premium genetics, scalable support for craft cultivators, and global alliances.
To further build out our executive team, the Company is pleased to announce the appointment of Mr. Bobby Athwal as its new Chief Operating Officer. Bobby brings a unique combination of skills and experience well-suited for this role, having started his professional career as an engineer prior to becoming an attorney, specializing in intellectual property law. Bobby brings an exceptional understanding of the retail cannabis landscape, having launched and listed multiple brands with provincial distributors across Canada, and establishing an impressive track record of building and managing successful cannabis companies. With Bobby’s passion and strong leadership skills, and deep knowledge of the cannabis sector, AgriCann is well-positioned to execute on its strategy and achieve its goals. Bobby’s expertise will be critical as we continue to grow and expand our operations, and his demonstrated ability to work closely with Adam plays a key role in driving our continued success.
Rob van Santen, founding CEO of the Company, continues his involvement as Executive Chairman of the Board, financially supporting the Company’s growth, and remains responsible for overseeing and helping guide the overall direction and strategy of the Company.
Timothy Tombe, founding COO of the Company, has resigned his executive position to devote more time to his family, travel and other business affairs, and remains a director. The Company thanks Tim for his mentorship and financial support and wishes him all the best for good health and safe travels.
Annual General and Special Meeting results
A total of 41,945,986 common shares were represented at the AGM, representing 74.3% of the votes attached to all outstanding common shares as at the record date. All the matters submitted to the shareholders for approval as set out in the Company’s Notice of Meeting and Management Information Circular, both dated March 13, 2023, were approved by the requisite majority of votes cast at the AGM. Shareholders voted in favour of setting the number of directors at four (4) and elected all incumbent and proposed nominee directors. The details of the voting results for the election are set out below:
|Director||Votes For||% For||Votes Withheld||% Withheld|
|Robert van Santen||41,853,778||100.00||120||0.00|
|Motion||Votes For||% For||Votes Against||% Withheld|
|Newline Ventures Inc. Acquisition||41,853,898||100.00||0||0.00|
|Creation of New Control Person||41,853,898||100.00||0||0.00|
|Stock Option Plan||41,769,098||99.80||84,800||0.20|
AgriCann Solutions Corp. is a “Reporting Issuer” created through a statutory plan of arrangement completed by Valens GroWorks Corp. (now SNDL Inc.) in 2015. AgriCann owns and operates wholly owned subsidiary Craft Nurseries Canada (“CNC“), a full-service Health Canada licensed cannabis nursery located in Lake Country, British Columbia. The Company has received unanimous shareholder support to complete the planned acquisition of 100% of Newline Ventures Inc., which will complete our corporate migration to Vernon, British Columbia as an operational facility with superior licensing, operational and expansion capabilities.
ON BEHALF OF AGRICANN SOLUTIONS CORP.
(signed) “Rob van Santen”
For further information, please contact:
Chief Executive Officer
Cautionary Note Regarding Forward-Looking Statements
Some of the statements contained in this press release are forward-looking statements and information within the meaning of applicable securities laws. Forward-looking statements and information can be identified by the use of words such as “expects” or “does not expect”, “intends”, “is expected”, “potential”, “suggests” or variations of such words or phrases, or statements that certain actions, events or results “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements and information are not historical facts and are subject to a number of risks and uncertainties beyond the Company’s control. Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements contained in this news release. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by applicable law.
AgriCann Solutions Corp.
400-1771 Robson Street, Vancouver, BC, Canada V6G1C9
Tel. +1.604.608.1999 ~ Fax. +1.778.379.9990
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/163055