OTTAWA, April 25, 2014 /CNW/ - Tweed Marijuana Inc. (TSXV: TWD) is
pleased to announce that it has appointed Don Gibbs as Chief Financial
Officer effective as of April 30, 2014.
Mr. Gibbs has a long history with Canadian companies, starting his
career with Leigh Instruments and then moving to Mitel Corporation for
eight years as its CFO and COO. During this period Mitel was listed as
a public company, was active on several stock exchanges, and grew in
sales revenue to $250 million. Later Mr. Gibbs was appointed CFO of
Cognos Inc. and held that position at the time of Cognos' initial
public offering. This was followed by a position as President and CEO
of Gandalf Systems Inc. He later founded Positron Fibre Systems
Corporation by spinning it out of a private Montreal company. In three
years Positron Fibre Systems went public on NASDAQ and was sold for
US$250 million. From 2007 to 2008 Mr. Gibbs was Chairman and CEO of
Tarquin Group Inc., a TSX Venture Exchange listed company, and most
recently Mr. Gibbs served as President and CEO of AirIQ Inc., a TSX
Venture Exchange listed company.
Mr. Gibbs replaces Gerald Leahy who joined the company as CFO in a part
time capacity on closing of its recent qualifying transaction.
"We are very happy to have Don Gibbs join us as our full time CFO" said
Chuck Rifici, Tweed's President and CEO. "Don's experience at helping
early stage public companies achieve success will be invaluable to
Tweed as we move forward with implementing our business plan. At the
same time we wish to thank Gerald Leahy for his instrumental role in
the closing of the qualifying transaction and in the transition of
Tweed into the public entity we are today."
All officer appointments remain subject to TSX Venture Exchange
About Tweed Marijuana Inc.
Tweed Marijuana Inc. is a TSX Venture Exchange listed company. Its
wholly owned subsidiary, Tweed, is a licensed producer of medical
marijuana in Canada. The principal activities of Tweed are the
production and sale of marijuana out of its facility in Smiths Falls,
Ontario as regulated by the Marihuana for Medical Purposes Regulations.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Tweed Marijuana Inc.
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