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TORONTO, March 6, 2019 /CNW/ - High Hampton Holdings Corp. (CSE: HC) (FSE: 0HCN) ("High Hampton" or the "Company") is pleased to announce that Dieter MacPherson, the current Senior Vice President, Operations, at Aurora Cannabis Inc. (ACB-TSX), has been appointed as an independent member to its board of directors. The appointment further extends the Company's expertise in the cannabis industry and supports High Hampton's aggressive expansion in the California cannabis market.
Gary Latham, CEO of High Hampton, commented:
"We extend a warm welcome to Mr. MacPherson and recognize that he will be a significant asset to our Company. Together with the latest appointment of Cam Birge, the High Hampton board of directors has, once again, gained in strength and expertise and is now perfectly equipped to guide the Company through this important growth phase."
Dieter MacPherson, member of the board, added:
"I am happy to join High Hampton's board as an independent member and look forward to working closely with management and the team. The Company's recent shift in focus to be a vertical integrator in the California cannabis space is rooted in the executive team's bold foresight in navigating this burgeoning market, and I am eager to contribute to High Hampton's success story."
About Dieter MacPherson
Mr. MacPherson has approximately 10 years of experience as an advocate for sensible regulations and fair access to medical cannabis, contributing to the development of municipal regulations while working with industry associations, and presenting and speaking across the country on the evolution of cannabis policy and regulation. Since joining Aurora Cannabis Inc. in February, 2017 as Manager of Production, Mr. MacPherson has been in charge of planning, development and implementation of processes and procedures to increase productivity, create efficiencies and improve profitability. He has overseen a consistent enhancement in crop yields and overall production, while also playing a key role in facility design and workflow for Aurora Sky and the Company's Pointe-Claire, Quebec production facility. As Vice President Production, he has been responsible for strategic development and direct management for all Aurora cannabis production facilities.
About High Hampton Holdings Corp.
High Hampton Holdings Corp. is a Canadian-based cannabis sector brand and distribution company emerging as a true vertical integrator in California's legal cannabis space serving recreational and wellness markets. The Company's U.S. holdings are comprised of assets set up as a vertical stack including a distribution arm through BRAVO DISTRO; branding, packaging, manufacturing & processing carried out through MOJAVE JANE and CALIGOLD; and cultivation to scale via COACHELLAGRO and 420 REALTY. Operating out of licensed strategic locations within the state, High Hampton is leveraging its brand-focused business model to generate sustainable profits delivering quality product by recognized brands.
High Hampton trades in Canada, ticker symbol HC on the CSE, and in Europe, ticker symbol 0HCN on the FSE. Neither the CSE, nor the FSE has approved nor disapproved the contents of this press release. Neither the CSE, nor the FSE accepts responsibility for the adequacy or accuracy of this release.
Marijuana Industry Involvement
Canadian listings (CSE) will remain in good standing as long as they provide the disclosure that is rightly required by regulators and complying with applicable licensing requirements and the regulatory framework enacted by the applicable state in which they operate. Marijuana is legal in certain states however marijuana remains illegal under US federal law and the approach to enforcement of US federal law against marijuana is subject to change. Shareholders and investors need to be aware that adverse enforcement actions could affect their investments and that High Hampton's ability to access private and public capital could be affected and or could not be available to support continuing operations.
On behalf of the Board of Directors
High Hampton Holdings Corp.
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the intention of the parties to complete the Acquisition and certain ancillary transactions contemplated thereby. These transactions are subject to a number of material risks, and there is no assurance that they will be completed on the terms or within the timeframes currently contemplated, or at all. The forward-looking information contained in this press release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
All monetary references herein refer to Canadian dollars unless otherwise specified.
SOURCE High Hampton Holdings Corp.
For further information: 8 Wellington St. E. Mezzanine Level | Toronto, On | M5E 1C5 | www.HighHampton.com; Gary Latham, Chief Executive Officer, Email: [email protected], Phone: 703.629.5338; Christian Scovenna, Director, Email: [email protected], Phone: 416.453.4708