(TheNewswire)
July 16, 2024 – TheNewswire - Vencanna Ventures Inc. (the " Company " or " Vencanna ")(CSE:VENI) announces that Alan Gertner hastendered his resignation effective today. This decision comes as AlanGertner has been appointed as a Director of Alcohol and GamingCommission of Ontario (AGCO), a significant regulatory body under theGovernment of Ontario.
Alan was a founding member of Vencanna’s Board ofDirectors, invaluable insights, guidance, and leadership that havecontributed significantly to the Company’s growth and success.During his tenure, he played a pivotal role in strategicdecision-making and fostering innovation within the Company.
“We are extremely grateful for the dedication andexpertise that Alan Gertner has brought to Vencanna over the years,and we wish him all the success in the future.” said David McGorman,CEO of Vencanna. “Alan, as a founding member of Vencanna, wasinstrumental in moving our vision forward, and his contribution willbe missed.” said Jon Sharun, Chairman of Vencanna.
“I am honored to have served on Vencanna’s Board ofDirectors and am proud of what we have achieved together,” said AlanGertner. “I remain confident in Vencanna’s bright future and wishthem the very best in their continued mission”.
About Vencanna
On September 24, 2018, the Company completed arecapitalization financing, appointed a new management team and boardof directors, and commenced trading on the CSE as an investmentissuer. The transactions transitioned the Company from an oil and gasissuer to a merchant capital firm, and rebranded as "VencannaVentures". On April 30, 2024 the Company acquired The CannavativeGroup, a Nevada based cultivator, extractor, and processor. TheCompany continues to review cannabis opportunities, with a focus onstrong management, operations in strategic state-compliantjurisdictions that possess unique characteristics and barriers toentry.
Vencanna Ventures is dedicated to offering investors adiversified and high-growth cannabis investment strategy. Itproposes to achieve this through strategic investments andacquisitions spanning the entire cannabis value chain, encompassingcultivation, processing, distribution, retail, and ancillarybusinesses, with a particular focus in the Unities States ofAmerica.
For further information regarding this news release,please contact:
Vencanna Ventures Inc.
David McGorman
Chief Executive Officer and Director
Jason Ewasuik
Vice President, Originations
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