News Release Issued: May 24, 2019 (7:30am EDT) Cannara Biotech Appoints Dr. Sara May to its Board of Directors
VANCOUVER, May 24, 2019 /CNW/ - Cannara Biotech ("Cannara" or the "Company") (CSE: LOVE) (FRA: 8CB) (OTCMKTS: CNBTF), an emerging vertically integrated cannabis company focused on cultivation and cannabis-infused products, today announced the appointment of Dr. Sara May, PhD. to the Company's Board of Directors, effective immediately. Dr. May is recognized as an expert in the medical cannabis sector and will bring additional skill sets and help strengthen the Company's Board.
"Dr. Sara May's experience in the cannabis sector is an asset to our Board of Directors, especially as we near the completion of construction on Phase-One of our indoor state-of-the-art cultivation facility. As we transition to implementing processes and procedures for cultivation, Dr. May's hands on experience in such matters will be of tremendous value to Cannara," said Zohar Krivorot, President and CEO of Cannara.
Dr. Sara May has held numerous leadership positions within the medical cannabis industry overseeing project operations, implementing quality control/quality assurance measures, as well as standard operating procedures. Dr. May has more than ten years of experience designing, implementing and managing large-scale research projects in the laboratory, field and greenhouse settings. Additionally, she has expertise in national, international, provincial and regional legislative acts and regulations.
Dr. May is the current president of FV Pharma and replaces outgoing former president of FV Pharma, Thomas Fairfull, on Cannara's Board of Directors.
About Cannara Biotech Cannara Biotech (CSE:LOVE) is building one of the largest indoor cannabis cultivation facilities (625,000 square feet) in Canada and the largest in Quebec. Leveraging Quebec's low electricity costs, Cannara Biotech's facility will produce high-grade indoor cannabis and cannabis-infused products for the Canadian and international markets.
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Cautionary Statement Regarding "Forward-Looking" Information
This information release contains certain forward-looking information. Such information involves known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by statements herein, and therefore these statements should not be read as guarantees of future performance or results. All forward-looking statements are based on the Company's current beliefs as well as assumptions made by and information currently available to it as well as other factors. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Due to risks and uncertainties, including the risks and uncertainties identified by the Company in its public securities filings, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE Cannara Biotech Inc. For further information: Sabrina Williams, Communications Manager, firstname.lastname@example.org, T: 514-543-4200 ext. 265; Zohar Krivorot, President & CEO, email@example.com; Lennie Ryer CPA, CA, CFE, Chief Financial Officer, firstname.lastname@example.org