(TheNewswire)
Vancouver, BC – TheNewswire - December 12, 2022- Luff Enterprises Ltd. ( CSE:LUFF )(“ LUFF ” or the “ Company ”) is pleased to announce that allresolutions were passed by the requisite majority at its annualgeneral meeting of shareholders (“ AGM ”) held onThursday, December 8, 2022.
At the AGM, Shareholders voted in favour of setting thenumber of directors at 4 and the following directors were elected:Philip Campbell, Jeremy South, Drew Malcolm, and Herb Dhaliwal (the“ Directors ”). In addition to the election of the Directors,shareholders voted in favor of approving the Company’s Amended &Restated Stock Option Plan and Restricted Share Unit Plan, as requiredby the Canadian Securities Exchange.
Following the former conclusion of the AGM, PhilipCampbell provided a presentation to shareholders and answeredquestions submitted by shareholders regarding the Company’soperations and future plans. The presentation will be made accessibleon the Company’s website.
ABOUT LUFF ENTERPRISES LTD.
Luff owns and operates leading cannabis e-commerce platforms in bothCanada and the United States and is dedicated to providing top qualitycannabis to informed consumers at affordable pricing. Luff’sflagship cannabis marketplace, Herbal Dispatch, is a trusted sourcefor exclusive access to small-batch craft cannabis flower and awide-array of other product formats. Luff’s common shares trade onthe Canadian Securities Exchange under the symbol “LUFF”.
For further information:
Philip Campbell, CEO and Director
Email: IR@luffbrands.com
Telephone: 250-419-7665
CAUTIONARY NOTE REGARDINGFORWARD-LOOKING INFORMATION:
Certain statements in this news release,including statements or information containing terminology such as“anticipate”, “believe”, “intend”, “expect”,“estimate”, “may”, “could”, “will”, and similarexpressions constitute “forward-looking statements” within themeaning of applicable Canadian securities legislation. All statements,other than statements of historical fact, that address activities,events, or developments that the Company or a third party expect oranticipate will or may occur in the future, including the Company’sfuture growth, results of operations, performance, and businessprospects and opportunities are forward-looking statements. Theseforward-looking statements reflect the Company’s current beliefs andare based on information currently available to the Company. Thesestatements require the Company to make assumptions it believes arereasonable and are subject to inherent risks and uncertainties. Actualresults and developments may differ materially from the anticipatedresults and developments discussed in the forward-looking statementsas certain of these risks and uncertainties arebeyond the Company’s control. These risk factors are interdependentand the impact of any one risk or uncertainty on a particularforward-looking statement is not determinable. Examples offorward-looking statements in this news release and the keyassumptions and risk factors involved in such statements include, butare not limited to, growing the Company’s business in Canada and thefuture success of Herbal Dispatch. The successful execution of theCompany’s growth initiatives is subject to a number of risks anduncertainties, including industry competition and future customerdemand for the Company’s products, among others.
Consequently, all of the forward-looking statementsmade in this news release are qualified by these cautionary statementsand other cautionary statements or factors contained herein, and therecan be no assurance that the actual results or developments will berealized or, even if substantially realized, that they will have theexpected effects on Luff. These forward-looking statements are made asof the date of this news release. Except as required by applicablesecurities legislation, the Company assumes no obligation to updatepublicly or revise any forward-looking statements to reflectsubsequent information, events, or circumstances.
THE CANADIAN SECURITIES EXCHANGE (THE" CSE ") HAS NEITHER APPROVED NOR DISAPPROVED THE CONTENTS OFTHIS NEWS RELEASE. NEITHER THE CSE OR ITS market REGULATOR (AS THATTERM IS DEFINED IN THE POLICIES OF THE CSE) ACCEPTS RESPONSIBILITY FORTHE ADEQUACY OR ACCURACY OF THIS RELEASE.
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