Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) Announces New Board Appointments; Company to Benefit from Diverse Expertise

  • GLDFF names Scott Secord as director, Richard Caral as board observer
  • Golden Leaf looks to benefit from cannabis space, capital markets experience
  • Board appointments announced as company gears up to change name to Chalice Brands

Golden Leaf Holdings (CSE: GLH) (OTCQB: GLDFF), a premier, consumer-driven cannabis company specializing in retail, production, processing, wholesale, and distribution, has announced two changes to its impressive board of directors (https://cnw.fm/U1LPk). The company has appointed Scott Secord as a director and has named Richard Carl as board observer; both appointments will be effective immediately.

“We are pleased to have Scott join the board immediately and for Richard to join as an observer to the board,” said Rick Miller, lead director of the company’s Board of Directors. “We look forward to benefitting from Scott’s experience in the cannabis space as well as Richard’s capital markets acumen and risk management expertise. Both bring many years of public company board and audit committee experience, as well strong capital markets experience.”

Currently a managing partner of Shore Capital Sports & Entertainment, Secord also brings experience as an executive chairman and board member for RISE Life Science Corp. and president and CEO of Gaming Nation. Prior to his time at Gaming Nation, he also served as president and CEO of Pointstreak Sports Technologies, where he led the company to Fast 50 and Fast 500 award recognition from Deloitte Technology.

Carl currently serves on the boards of several companies, including ARHT Media Inc., Clearview Resources Limited, and InvestPlus REIT; he is also a past director of Dealnet Capital Corp. With more than two decades of experience as director and advisor for both public and private companies, he has particular expertise in oil and gas, real estate, financial services, mining, and technology. He has also assisted companies in capital raising, mergers and acquisitions, debt restructurings, and risk management.

These new board appointments are made as the company gears up to change its name to Chalice Brands (https://cnw.fm/BHdTD). “Throughout this turnaround over the last 18 months, we continue to gather momentum and galvanize management behind the Chalice brand,” said Golden Leaf CEO Jeff Yapp. “Our Chalice Farms stores and our Chalice chews are the pride of our business. As we put the Golden Leaf era behind us, this name change serves to symbolize our resurgence as a relevant contender in the US cannabis industry, driven by leadership in our home market of Oregon.”

Golden Leaf Holdings is a premier consumer-driven cannabis company specializing in production, processing, wholesale, distribution, and retail, with seven dispensaries in Portland, Oregon. The company is committed to developing a dynamic portfolio built around the recognized brands of Chalice Farms, with a focus on health and wellness. Markets served include Oregon, California, Nevada, and Washington.

For more information, visit the company’s website at www.GoldenLeafHoldings.com.

NOTE TO INVESTORS: The latest news and updates relating to GLDFF are available in the company’s newsroom at https://cnw.fm/GLH

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