LONDON, Sept. 12, 2019 (GLOBE NEWSWIRE) — by way of NEWMEDIAWIRE — Planet Higher Life Plc (LIFE.TO), a CBD and medicinal cannabis investment car, is pleased to announce that trading in its Ordinary Shares will commence at eight.00 a.m. these days on the NEX Exchange Development Marketplace (“Admission”), beneath ticker LIFE and ISIN quantity GB00BK777P75. The Organization will appear to recognize investment possibilities in the medicinal cannabis, hemp and CBD sectors globally with a distinct interest in the UK and European markets.
The Company’s investment technique will concentrate on markets that are internationally recognised as obtaining properly-created and trustworthy laws and regulations relating to the analysis and production of medicinal cannabis, hemp and CBD, as properly as therapeutic Cannabis derivatives which includes but not restricted to nutraceuticals, dietary supplements and cosmetic goods. The Directors think that there are a lot of investment possibilities inside the CBD wellness sector, the hemp sector and the medicinal cannabis sector.
· On Admission the Organization will have raised £2.four million and will have 110,398,091 Ordinary Shares in problem.
· The Board will continue to monitor the worldwide deregulation of medicinal cannabis with a distinct concentrate on Europe to guarantee the Organization is ideal placed to take benefit after deregulation happens.
· The Directors have more than 30 years’ practical experience on TSX, CSE and OTC public markets and intend to replicate verified models from their good results with North American cannabis firms.
· Funds initially accessible to the Organization will be applied to meet common operating capital specifications, undertake due diligence on prospective target acquisitions and to make investments in accordance with the investment suggestions described above.
Management with a Robust Track of Producing Returns to Investors
David Stadnyk – Chairman and Chief Executive Officer (Aged 56)
David is the founder and senior companion of Stadnyk & Partners, a venture capital investment firm focused on smaller cap firms in the sources, biotech and pharmaceuticals sectors, headquartered in Vancouver. He has more than 30 years’ practical experience of founding and establishing each public and private firms.
David has been at the forefront of the cannabis sector in Canada given that 2012 and was a crucial contributor to the Marijuana for Health-related Purposes Regulations which have been in spot among 2013 and 2016. He has been involved with a quantity of firms in the space which includes The Supreme Cannabis Organization, 1933 Industries, FSD Pharma and Weekend Limitless.
David previously owned the Vancouver Whitecaps soccer club and is a co-founder of the TSN 1040 Sports Radio Station in Vancouver. He serves as Chair of the Stadnyk Foundation, a not-for-profit society established to recognize and market sport philanthropy amongst athletes, coaches and executives.
Robert Payment – Chief Monetary Officer (Aged 37)
Robert is a Chartered Expert Accountant with 12 years’ practical experience in finance, reporting, regulatory specifications, public corporation administration, equity markets, and financing of publicly traded firms. He commenced his profession in private practise and given that 2014 he has served as a consultant for a quantity of TSX Venture Exchange and Canadian Securities Exchange (CSE) listed firms.
Robert has comprehensive practical experience in the cannabis, manufacturing, organic resource, and retail industries. He received a BBA from Simon Fraser University and is a member in fantastic standing of the Chartered Expert Accountants of British Columbia.