A very big catch for Zenabis

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Ms. Kiernan has completed mergers and acquisitions for over 100 billion on 6 continents. Is this hiring the prelude to a big merger? We will see soon..

Here is the news issued by the company :

“Zenabis Global Inc. (TSXV:ZENA) today announced the appointment of Natascha Kiernan, an experienced international finance and M&A attorney who has held senior positions at several prominent international law firms, as the newest member of its Board of Directors, effective May 20, 2019.

Ms. Kiernan’s experience includes working as Counsel in the London office of Skadden, Arps, Slate, Meagher & Flom LLP and she has represented Fortune 500 companies, financial institutions and international governments in complex corporate finance and M&A transactions totalling more than $100 billion in value and spanning six continents. In 2014, she was ranked as one of the “Top 40 Under 40 Rising Legal Stars in Europe” by the Financial News.

“We are thrilled to welcome Natascha to our board. She brings a strong legal and business background and wealth of governance experience to our board,” said Andrew Grieve, Chief Executive Officer of Zenabis. “Her knowledge, perspective and diverse skill set will complement our existing board members and be an incredible asset for our company as we advance our strategic plan.”

Ms. Kiernan holds a J.D. from Columbia University School of Law and is qualified to practice law in New York and England & Wales. She serves as an independent director on the boards of several educational and non-profit organizations.

About Zenabis

Zenabis is a significant Canadian licensed cannabis cultivator of medical and recreational cannabis, and a propagator and cultivator of floral and vegetable products. Zenabis employs staff coast-to-coast, across facilities in Atholville, New Brunswick; Delta, Aldergrove, Pitt Meadows, and Langley, British Columbia; and Stellarton, Nova Scotia. In addition to gaining technologically advanced knowledge of plant propagation, the recent addition of state-of-the-art greenhouses in Langley, Pitt Meadows, and Aldergrove provides Zenabis with 3.5 million square feet of facility space that can, upon full conversion, be dedicated to cannabis production.

If all facility space at Zenabis Atholville, Zenabis Stellarton, Zenabis Delta, and Zenabis Langley is fully converted and dedicated to production, Zenabis will own, and have access to 660,000 square feet of high quality indoor cannabis production space, as well as 2.1 million square feet of greenhouse cannabis production space at its Langley facility, with this production strategically positioned on Canada’s coasts. Zenabis expects these facilities to have an annual design capacity of 131,300 kg of dried cannabis annually by the third quarter of 2019. These facilities, if fully built out and converted for cannabis production, would have an annual design capacity to yield approximately 478,900 kg of dried cannabis annually, for both national and international market distribution. An additional 700,000 square feet of greenhouse space will be used to continue the existing propagation business and produce industrial hemp, and can be converted to cannabis production at such a time that is beneficial to the strategic position of the company. The Zenabis brand name is used in the cannabis medical market, while the Namaste and Blazery brand names are used in the cannabis adult-use recreational market, and the True Büch brand name is used for Zenabis’ kombucha products.

To see the news on the ZENABIS website: HERE

This article is written and published by The Cannabis Stock

Disclaimer : The Cannabis Stock wants to promote the cannabis market with the best publication on the market. The Cannabis Stock does not recommend selling or buying any of the company mentioned and is not responsible for any losses that may result.

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