Akanda Bolsters Leadership Staff to Scale Professional medical Hashish System Throughout Europe

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Tom Flow Named Main Running Officer and Steven George Named Commercial Director

LONDON–(Enterprise WIRE)–International medical hashish platform corporation Akanda Corp. (“Akanda” or the “Company”) (NASDAQ: AKAN) these days introduced that it has appointed Tom Movement to the function of Main Running Officer of Akanda and Managing Director of Holigen, and Steven George to the function of Professional Director, helpful September 1, 2022. The Enterprise believes that these two hires will greatly enhance its management way and strengthen profitability throughout the European medical cannabis marketplace.


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Mr. Stream is an accomplished worldwide enterprise chief with about 15 many years of immediate hashish business working experience with an emphasis on facility layout and functions, like multiple substantial scale EU GMP certified cultivation amenities. He is the co-founder of a number of cannabis firms in the course of this time, namely MedReleaf Corp. which was subsequently offered to Aurora Hashish (ACB-NASDAQ) in a transaction valued at C$3.2 billion, The Flowr Corporation (“Flowr”) (FLWR-TSXV) in which he held executive roles which includes CEO, COO, President and Handling Associate, and Holigen Minimal which the Organization acquired from Flowr in May 2022.

Mr. George joins Akanda with intensive encounter in the economic solutions and hashish sectors. Soon after commencing his occupation in business enhancement roles in just economical products and services, in 2017, he moved to Portugal to get his MBA and commenced doing the job in the European hashish industry the subsequent yr. In that time, he served as the two Iberian Country Manager and European Alliance Manager at Tilray (TLRY-NASDAQ), in which his achievements bundled Tilray receiving the 1st ACM (promoting acceptance) for a hashish dried flower in Portugal throughout his tenure and taking care of the first clinical cannabis exports out of Portugal to Europe and Israel. In July 2021, Mr. George remaining Tilray and started off supplying impartial advisory products and services to hashish customers throughout the European location.

“Adding demonstrated and elite world-wide cannabis executives like Tom and Steven is an significant milestone for Akanda, increasing our abilities and expanding our leadership as we scale. This begins with maximising our combined 10 metric tonne (22,000 lbs) once-a-year cultivation and processing capability at our EU GMP certified indoor premium cultivation facility in Sintra, Portugal. And, we will also emphasis on commercially igniting our 180 acre GACP out of doors and greenhouse site at Aljustrel, Portugal, which has more than 100 metric tonnes (220,000 lbs) of annual cultivation capacity,” explained Tej Virk, Main Executive Officer at Akanda. “These hires are illustrative of the ongoing operate we’re executing to construct the most effective group doable to engage Europe’s promptly increasing hashish industry. Tom is renowned for his operational prowess, acquiring built and scaled indoor quality hashish cultivation firms in equally Canada and Portugal. Steven, meanwhile, is a industrial pioneer in Europe and will assist us speed up our path to profitability. We have the in-dwelling functionality to acquire a foremost placement in the existing European professional medical cannabis sector, with an eye to take part in the adult-use market place when it opens up.”    

The two Mr. Circulation and Mr. George will be dependent in workplaces at Akanda’s indoor high quality cultivation facility in Sintra, Portugal.

About Akanda Corp.

Akanda is an global health-related hashish and wellness platform organization seeking to enable folks direct much better lives through enhanced accessibility to higher good quality and economical solutions. Akanda’s portfolio involves Bophelo Bioscience & Wellness, a GACP experienced cultivation campus in the Kingdom of Lesotho in Southern Africa Holigen, a Portugal-based mostly cultivator, manufacturer and distributor with a prized EU GMP certified indoor increase facility and CanMart, a British isles-primarily based absolutely certified pharmaceutical importer and distributor which provides pharmacies and clinics within just the United kingdom. The Company’s seed-to-patient provide chain also involves partnerships with Cellen Everyday living Sciences’ Leva Clinic, one particular of the very first totally electronic soreness clinics in the British isles, and other major distributors of professional medical hashish in Germany.

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Contacts

Investor
Matt Chesler, CFA

FNK IR

[email protected]

Media
Imogen Saunders

Irvine Companions

[email protected]

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