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Bob Gold & Associates Founder Takes the Reigns of Investment Advisory Firm, Hemisphere Technologies

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LOS ANGELES–(BUSINESS WIRE)–Bob
Gold
, Founder and CEO of Bob
Gold & Associates
, a nationally recognized technology and
entertainment public relations agency, has been selected to lead the
investment advisory firm, Hemisphere
Technologies Inc.
Hemisphere Technologies advises and invests in
both publicly-held and private companies navigating the changing
investment and media landscape. Gold has a proven track record of
matching media and technology startups, companies and
providers with compatible investors, bankers, private equity and venture
capitalists. He will also continue to lead his eponymous PR & marketing
agency.

“This is a time of unprecedented change for companies across the entire
entertainment and technology spectrum, from OTT and streaming to content
creation and distribution, digital asset management and manufacturing,”
said Bob Gold, General Partner of Hemisphere Technologies. “More
companies than ever are trying to find their legs – and significant
investment opportunities are emerging. Our goal at Hemisphere
Technologies is to build crucial connections, harness invaluable
relationships and bring long-term value to clients by strategically
helping them find the right investment fit.”

Hemisphere Technologies is a highly-focused alternative solution to the
current investor resources available in the market today. Gold has
already established a robust portfolio including successful acquisitions
for Clearleap, acquired by IBM and RGB Networks, acquired by Imagine
Communications; as well as Bitcentral, a software company that provides
efficient media workflows, and Penthera, the pioneer in download-to-go,
among others.

Gold’s extensive network, global connections and unrivaled industry
expertise have been crucial to the launch, rebranding, merger and
acquisition of start-ups and Fortune 500 companies.

About Hemisphere Technologies

Hemisphere Technologies Inc., a Nevada corporation founded in 1999 by a
small group of friends, invests in publicly traded and privately-held
companies. Hemisphere Technologies advises, invest in and guides
companies navigating the changing investment landscape. The venture
matches media and technology companies with compatible investors,
bankers, private equity and venture capitals. For more information,
visit http://www.hemispheretechnologies.com.

Contacts

Knarik Brewster
Bob Gold & Associates
1640 Pacific Coast
Highway
Redondo Beach, CA 90277
Office: 310-320-2010
Mobile:
323-620-5215


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SCHWAZZE

Schwazze Appoints Forrest Hoffmaster as Interim Chief Executive Officer

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schwazze-appoints-forrest-hoffmaster-as-interim-chief-executive-officer

DENVER, Feb. 23, 2024 /PRNewswire/ — Medicine Man Technologies, Inc., operating as Schwazze, (OTCQX: SHWZ) (NEO: SHWZ) (“Schwazze” or the “Company”), today announced that Forrest Hoffmaster, the Company’s Chief Financial Officer, has been appointed to the additional role of interim Chief Executive Officer (“CEO”). This follows Nirup Krishnamurthy’s resignation as CEO and as a member of the Board of Directors (“Board”), effective February 20, 2024, due to personal reasons.

Mr. Hoffmaster, who joined the Company in January 2023, brings over 30 years of executive experience in finance and operations for both public and private companies. Prior to Schwazze, Mr. Hoffmaster served as CEO of New Seasons Market, a specialty gourmet food retailer, where he navigated the company through one of the most disruptive periods in the retail grocery industry. Under his leadership, Mr. Hoffmaster implemented a focused growth and cost optimization program, enabling the company to grow EBITDA by over 30% in two years. Prior to New Seasons Market, Forrest held leadership positions with other leading grocers including Whole Foods Market and H-E-B.

“Forrest is well-positioned to seamlessly step in and lead the Company’s day-to-day operations as we conduct our search for a permanent successor,” said Justin Dye, Chairman of the Board. “With Forrest’s proven track record and deep retail expertise, we plan to continue leveraging our operating playbook to drive strong Adjusted EBITDA margins and consistent cash flow generation. On behalf of the Board, I’d like to wish Nirup the best in his future endeavors.”

About Schwazze

Schwazze (OTCQX: SHWZ) (NEO: SHWZ) is building a premier vertically integrated regional cannabis company with assets in Colorado and New Mexico and will continue to take its operating system to other states where it can develop a differentiated regional leadership position. Schwazze is the parent company of a portfolio of leading cannabis businesses and brands spanning seed to sale.

Schwazze is anchored by a high-performance culture that combines customer-centric thinking and data science to test, measure, and drive decisions and outcomes. The Company’s leadership team has deep expertise in retailing, wholesaling, and building consumer brands at Fortune 500 companies as well as in the cannabis sector.

Medicine Man Technologies, Inc. was Schwazze’s former operating trade name. The corporate entity continues to be named Medicine Man Technologies, Inc. Schwazze derives its name from the pruning technique of a cannabis plant to enhance plant structure and promote healthy growth. To learn more about Schwazze, visit https://schwazze.com/.

Forward-Looking Statements

This press release contains “forward-looking statements.” Such statements may be preceded by the words “may,” “will,” “could,” “would,” “should,” “expect,” “intends,” “plans,” “strategy,” “prospects,” “anticipate,” “believe,” “approximately,” “estimate,” “predict,” “project,” “potential,” “continue,” “ongoing,” or the negative of these terms or other words of similar meaning in connection with a discussion of future events or future operating or financial performance, although the absence of these words does not necessarily mean that a statement is not forward-looking. Forward-looking statements are not guarantees of future events or performance, are based on certain assumptions, and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company’s control and cannot be predicted or quantified. Consequently, actual events and results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated with (i) regulatory limitations on our products and services and the uncertainty in the application of federal, state, and local laws to our business, and any changes in such laws; (ii) our ability to manufacture our products and product candidates on a commercial scale on our own or in collaboration with third parties; (iii) our ability to identify, consummate, and integrate anticipated acquisitions; (iv) general industry and economic conditions; (v) our ability to access adequate capital upon terms and conditions that are acceptable to us; (vi) our ability to pay interest and principal on outstanding debt when due; (vii) volatility in credit and market conditions; (viii) the loss of one or more key executives or other key employees; and (ix) other risks and uncertainties related to the cannabis market and our business strategy. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s filings with the Securities and Exchange Commission (SEC), including the Company’s Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC’s website at http://www.sec.gov. The Company assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise except as required by law.

Investor Relations Contact
Sean Mansouri, CFA or Aaron D’Souza
Elevate IR
(720) 330-2829
[email protected] 

View original content:https://www.prnewswire.co.uk/news-releases/schwazze-appoints-forrest-hoffmaster-as-interim-chief-executive-officer-302069402.html

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