ABcann Global Announces Appointment of W. Brett Wilson to Advisory Board
NAPANEE, Ontario, May 04, 2017 (GLOBE NEWSWIRE) — ABcann Global Corporation (TSXV:ABCN) (the “Company”) is pleased to announce the appointment of W. Brett Wilson to the Advisory Board of the Company in connection with the completion of the Company’s acquisition of ABcann Medicinals Inc. (the “Transaction”). The Transaction included concurrent capital raises of $26.8 million to expand ABcann’s production capacity.
Mr. Wilson’s extensive experience and track record in financing and building early stage ventures into successful companies makes him an ideal strategic advisor to the Company at this stage of its development. Mr. Wilson was a co-founder in 1993 of the highly regarded investment bank, FirstEnergy (which was subsequently acquired by GMP Capital Inc.). He is a leading TV personality, known for his role as a “Dragon” on CBC’s award winning Dragons’ Den television program, and an early-stage venture financier in hundreds of successful companies.
Mr. Wilson’s involvement and $500,000 investment in the Company’s subscription receipt offering undertaken concurrently with the completion of the Transaction represents another major step for Mr. Wilson into the legal cannabis industry. He is also a lead investor and strategic advisor with Green Acre Capital, a Toronto and Calgary based cannabis industry focused investment fund.
Mr. Wilson is a welcome addition to the Company’s Advisory Board. He’s a widely respected, established, and accomplished business leader and will complement the talents of our directors and advisors. We look forward to utilizing Brett’s knowledge and experiences as we grow the ABcann brand and welcome his personal investment and interest into the Company.