Osoyoos Cannabis Announces Corporate Update


Osoyoos Cannabis Inc. (“Osoyoos” or the “Company”) is happy to offer an replace on latest occasions.

Osoyoos Cannabis Inc. (“Osoyoos” or the “Company”) is happy to offer an replace on latest occasions.

The Company’s submission to record its frequent shares on the Canadian Securities Exchange (the “CSE”) is within the overview stage with the CSE – the Company seems ahead to the itemizing of its frequent shares for buying and selling upon satisfaction of the necessities of the CSE.

Mr. Roger Dent has resigned from the Board because of conflicting enterprise obligations – he’ll proceed to help the Company on an impartial guide foundation as required. The board could be very appreciative of Mr. Dent’s help and needs him effectively in his future endeavors.

The Company is happy to announce the appointment of Mr. Michael Ash to the Board. Michael has intensive business experience within the areas of home and worldwide gross sales and distribution, product and model improvement, and product packaging. It is anticipated that the Company will profit from Michael’s intensive community of retail relationships to develop distribution networks for the Company’s merchandise.

Mr. Doug Wallis has resigned as Chief Financial Officer. The Board thanks Doug for his service and needs him effectively transferring forward. Doug will stay accessible as an impartial guide as circumstances require.

Mr. Rakesh Malhotra, CA, has been appointed as Chief Financial Officer to interchange Mr. Wallis. Rakesh has over 25 years of expertise as a CFO and a guide to numerous public corporations in each Canada and USA; the Company welcomes and appears ahead to working with him.

The Company’s present administration crew and Board are comprised of:

Gerry Goldberg – CEO, Chairman, director
Rakesh Malhotra – CFO
Tyler Devenyi – Chief Operating Officer
John McMahon – impartial director
Michael Ash – impartial director
Sara Lee Irwin – impartial director
Ernie Eves – impartial director

Mr. Gerry Goldberg, CEO, said, “We are pleased that Osoyoos continues to achieve its goals – we have set a strong course and are confident that in short order we will be in a position to provide better liquidity to market participants by listing on the CSE. We thank our shareholders for the confidence that they have shown; we look forward to a rewarding year.”

About Osoyoos Cannabis Inc.

Osoyoos Cannabis Inc. is an early stage public firm which can be within the enterprise of manufacturing hashish extracts from uncooked hashish utilizing CO2 extraction processing know-how. The Company will initially function from a facility situated in Oliver, British Columbia as soon as it has acquired a processing license from Health Canada.




For additional info contact: Gerry Goldberg
E. / C. 1.416.460.3000

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that time period is outlined within the insurance policies of the Canadian Securities Exchange) accepts accountability for the adequacy or accuracy of this launch.


Certain statements contained on this press launch represent forward-looking info. These statements relate to future occasions or future efficiency. The use of any of the phrases “will”, “expect”, “proceeding”, “continue” and related expressions and statements regarding issues that aren’t historic info are meant to determine forward-looking info and are based mostly on the Company’s present perception or assumptions as to the end result and timing of such future occasions. Actual future outcomes could differ materially. In explicit, this launch incorporates forward-looking info regarding the intention of the Company to change into licensed in Canada to provide hashish extracts. Various assumptions or elements are sometimes utilized in drawing conclusions or making the forecasts or projections set out in forward-looking info. Those assumptions and elements are based mostly on info at the moment accessible to the events. The materials elements and assumptions embody the events having the ability to acquire the mandatory company, regulatory and different third-party approvals; licensing and different dangers related to Cannabis Act (Canada) operations. The forward-looking info contained on this launch is made as of the date hereof and the events should not obligated to replace or revise any forward-looking info, whether or not because of new info, future occasions or in any other case, besides as required by relevant securities legal guidelines. Because of the dangers, uncertainties and assumptions contained herein, traders shouldn’t place undue reliance on forward-looking info. The foregoing statements expressly qualify any forward-looking info contained herein.

This press launch doesn’t represent a proposal to promote or a solicitation of a proposal to purchase any of the securities within the United States. The securities haven’t been and won’t be registered underneath the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities legal guidelines and might not be supplied or bought inside the United States or to U.S. Persons until registered underneath the U.S. Securities Act and relevant state securities legal guidelines or an exemption from such registration is on the market. Not for distribution to U.S. Newswire Services or for dissemination within the United States. Any failure to adjust to this restriction could represent a violation of U.S. Securities legal guidelines.


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