Harvest One appoints CEO is as by Loblaw executive Grant Froese

Mr. Froese has also been appointed to the Board of Directors.

Mr. Froese joins Harvest One after a 38-year career with Canadian retail giant Loblaw Companies Limited (TSE:L), last serving as Chief Operating Officer. Throughout his career at Loblaw, Grant led operations and merchandising at all levels and has had oversight of information technology, supply chain, digital/e-commerce companies, marketing, and Loblaw’s industry-leading control brands.

“The Board is very excited to welcome Grant to the Harvest One group,” states Peter Wall, Chairman of Harvest One. “Grant’s leadership expertise and operational capabilities will be a significant asset to the Company as we seem to execute on our strategic vision. With Grant’s background and credentials, we are extremely happy to have appointed one of Canada’s leading executives.”

“Harvest One is a exceptional opportunity to apply my expertise to a complex business with a portfolio of brands in the emerging controlled cannabis industry,” Grant Froese commented. “Harvest One has a stage for success through its three distinct business units in Canada and globally. We will continue to build Harvest One as a house of brands, aiming to bring the most sophisticated cannabis products to the global medical and recreational markets. I’m also happy to be immediately strengthening the Harvest One team with the appointment of Andrew Kain, a proficient, reputable executive that I’ve had the pleasure of working with in the past.”

Together with the appointment of Mr. Froese comes Mr. Andrew Kain as the new Chief Operating Officer and General Counsel of the Company. Andrew is a lawyer by profession who brings almost 25 years of extensive corporate, financial and legal expertise to Harvest One.  Andrew joins Harvest One from his prior position as founder and President of Windular Research and Technologies Inc. a privately held corporation that provides innovative renewable energy systems, consulting and advisory services to the global telecommunications industry.

The Company also announced today the grant of 8 million stock options under the Company’s incentive stock option plan to some of the Company’s directors and officers.  Each stock option entitles the holder to buy one common share at an exercise price of $0.77 for a period of five years after the grant date. 

About Harvest One Cannabis Inc. (TSXV: HVT)
Harvest One is a global cannabis company focused on delivering high quality, innovative cannabis products and technology to regulated markets around the world. Shareholders have significant exposure to the whole cannabis value chain through three wholly owned operating subsidiaries: Horticultural arm and Canadian Accredited Producer United Greeneries Ltd., medical and pharmaceutical arm Satipharm AG in Switzerland and Fantasy Water Global, the Group’s consumer products division. To find out more please visit https://www.harvestone.com

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Released at Wed, 04 Jul 2018 14:59:44 +0000

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