August 19, 2020 – Vancouver, BC – Geyser Brands Inc. (TSX-V: GYSR)(“Geyser Brands” or the “Company”) is pleased to announce the appointment of Andrew Harris as Chief Executive Officer of the Company. Mr. Harris will replace Andreas Thatcher, who will remain a director of the Company. The Company is grateful for Mr. Thatcher’s contributions during his tenure.
Mr. Harris brings significant experience as a senior executive in the alcohol industry, having founded Russell Breweries Inc, one of the first publicly traded craft breweries and served as its President until 2013. He also co-founded Factory Brewing, which became one of the largest co-packing and brand development beer companies in Western Canada. Mr. Harris is focused on sales and manufacturing, along with brand development.
“The opportunity that is evident in Geyser and its brands is exciting to be a part of, I look forward leading this company into the success it deserves. Having worked extensively in alcohol manufacturing and sales, before crossing over to Cannabis, it’s clear that the Cannabis market, especially the craft sector, is poised for impressive growth over the next few years,” said Mr. Harris.
“We welcome Andrew to the Geyser team and, with his leadership vision and solid experience from the alcohol industry, we are confident that Geyser will play a significant role in shaping the Cannabis market in Canada and beyond,” said Tim Murphy, Geyser board member.
ABOUT GEYSER BRANDS
Geyser Brands Inc. builds brands in the health and wellness space that focus on the benefits of cannabis to improve lives. Its Health Canada approved Licensed Production facility has cultivation, processing, research and sales licenses, allowing it to deliver proprietary delivery technologies, formulations, research partnerships and traceability in supply and distribution. Through its pet-based platform, GMI has positioned itself as potentially the only Licensed Cannabis Producer dedicated to the global pet industry. Geyser continues to own and exploit its non-pet brands, including Apothecary Naturals, Apothecary Ink and STOND which providing consumers with hemp and plant based natural products.
For more information, visit the company’s website at www.geyserbrands.com.
On Behalf of the Board of Directors
Director and CEO
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This news release contains forward‐looking statements and forward‐looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward‐looking statements or information. Forward‐looking statements and information are often, but not always, identified by the use of words such as "appear", "seek", "anticipate", "plan", "continue", "estimate", "approximate", "expect", "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe", "would" and similar expressions.
Forward-looking statements and information are provided for the purpose of providing information about the current expectations and plans of management of the Company relating to the future. Readers are cautioned that reliance on such statements and information may not be appropriate for other purposes, such as making investment decisions. Since forward‐looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, the risks associated with the marijuana industry in general such as operational risks in growing; competition; incorrect assessment of the value and potential benefits of various transactions; ability to access sufficient capital from internal and external sources; failure to obtain required regulatory and other approvals and changes in legislation, including but not limited to tax laws and government regulations. Accordingly, readers should not place undue reliance on the forward‐looking statements, timelines and information contained in this news release. Readers are cautioned that the foregoing list of factors is not exhaustive. Additional information relating to Geyser is available at www.sedar.com.