OTTAWA, March 28, 2019 /CNW/ - CannaRoyalty Corp. d/b/a Origin House (CSE: OH) (OTCQX: ORHOF) ("Origin House" or the "Company"), a North American cannabis products and brands company today announced that the Company's President and General Counsel, Afzal Hasan, has been named as one of the High Times 100 Most Influential People in the Cannabis Industry.
From entrepreneurs and activists to entertainers and cultivators, the High Times 100 List recognizes the women and men who are shaping the current cannabis industry.
Mr. Hasan has been recognized as a thought leader and advocate for cannabis. He started his career in the cannabis industry as a securities lawyer at Cassels Brock & Blackwell LLP, where he advised some of the most prominent companies in the industry. Since joining Origin House in 2017, Mr. Hasan has focused on maximizing the potential of the Company's expanding distribution footprint in California, driving growth through strategic initiatives in Canada and globally, towards ultimately becoming a house of experiential brands.
"On behalf of Origin House, we would like to congratulate Afzal for being recognized as one of the 100 most influential people in cannabis by High Times," said Marc Lustig, CEO and Chairman of Origin House. "Time and again, Afzal has proven his ability to recognize value for the Company and our shareholders. As the cannabis industry evolves, it is becoming clear that consumer brands and distribution will lead the market and create long-term gains; We're pleased to have identified this early on and it has largely been due to Afzal's vision and commitment."
Along with his fellow nominees, Mr. Hasan was honoured at the High Times 100 Gala in Los Angeles on March 27, 2019.
About High Times
High Times is a monthly magazine and cannabis brand. From cultivation and legalization, entertainment and culture, to hard-hitting news exposing the War on Drugs, High Times has been the preeminent source for cannabis information since 1974. The High Times family of media brands include High Times Magazine, DOPE Magazine, CULTURE, and Green Rush Daily.
About Origin House
Origin House is a growing cannabis products and brands company operating across key markets in the U.S. and Canada, with a strategic focus on becoming a preeminent global house of cannabis brands. The Company's foundation is in California, the world's largest regulated cannabis market, where it delivers over 130 branded cannabis products to the majority of licensed dispensaries. Origin House's brand development platform is operated out of five licensed facilities located across California, and provides distribution, manufacturing, cultivation and marketing services for its brand partners. The Company is actively developing infrastructure to support the proliferation of its brands internationally, initially through its acquisition of Canadian retailer 180 Smoke. Origin House's shares trade on the Canadian Securities Exchange (CSE) under the symbol "OH" and on the OTCQX under the symbol "ORHOF". Origin House is the registered business name of CannaRoyalty Corp. For more information, visit www.originhouse.com.
Forward Looking Statements
Statements in this news release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed here and elsewhere in Origin House's periodic filings with Canadian securities regulators. When used in this news release, words such as "will, could, plan, estimate, expect, intend, may, potential, believe, should," and similar expressions, are forward- looking statements.
Forward-looking statements may include, without limitation, statements relating to the timing and completion of the transactions and agreements contemplated in this press release, the execution of the Company's strategy, new opportunities, the Company's timing and process for expansion in Canada and globally, timing for the Company's acquisition of 180 Smoke, new opportunities, future growth and other statements.
Although the Company has attempted to identify important factors that could cause actual results, performance or achievements to differ materially from those contained in the forward-looking statements, there can be other factors that cause results, performance or achievements not to be as anticipated, estimated or intended, including, but not limited to: dependence on obtaining regulatory approvals; investing in target companies or projects that are engaged in activities currently considered illegal under US federal law; changes in laws; limited operating history; reliance on management; requirements for additional financing; competition; hindering market growth and state adoption due to inconsistent public opinion and perception of the medical-use and adult-use marijuana industry and; regulatory or political change.
There can be no assurance that such information will prove to be accurate or that management's expectations or estimates of future developments, circumstances or results will materialize. As a result of these risks and uncertainties, the results or events predicted in these forward-looking statements may differ materially from actual results or events.
Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements in this news release are made as of the date of this release. The Company disclaims any intention or obligation to update or revise such information, except as required by applicable law, and the Company does not assume any liability for disclosure relating to any other company mentioned herein.
SOURCE Origin House
For further information: Marc Lustig, Chairman and CEO, firstname.lastname@example.org, 1-844-556-5070, www.originhouse.com; Jonathan Ross, CFA, LodeRock Advisors Inc., email@example.com, 416-283-0178