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Harvest One Announces Management Changes

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VANCOUVER, BC, June 29, 2020 /CNW/ - Harvest One Cannabis Inc. ("Harvest One" or the "Company") (TSXV:HVT) (OTCQX:HRVOF) today announced the following management changes. Mr. Andrew Kain will transition from his roles as Chief Operating Officer ("COO") and General Counsel effective June 30, 2020, and will continue to work with Harvest One in a contractual capacity, advising the CEO and the Special Committee of the Board in the completion of its ongoing Strategic Review. In addition, Mr. Aaron Wong will resign as Chief Financial Officer ("CFO") of Harvest One effective June 30, 2020, to pursue other interests.

Mr. Marc Tran has been appointed as Interim Chief Financial Officer effective July 1, 2020, subject to regulatory approval. Mr. Tran is a Chartered Professional Accountant (CPA, CGA) with over 20 years of public company financial leadership experience. In his career he has successfully closed over $100M in financings for small to midsized projects, and is experienced in transforming and scaling growth staged companies. Mr. Tran also has a strong background in M&A, compliance, regulatory management, corporate governance and marketing. Mr. Tran holds a Bachelor of Commerce in Finance and Bachelor of Arts in Economics from the University of Calgary.

Andrew Bayfield, Chief Executive Officer of Harvest One, stated: "I would like to thank Andy for his significant contributions to Harvest One. In his roles as COO and General Counsel, Andy provided important leadership in various operational areas over the course of the past two years and we appreciate his continued assistance with respect to the Strategic Review."

Mr. Bayfield further stated, "Aaron took the position of CFO of the Company at a very important time in its development and has worked tirelessly to improve the efficiency of our finance and accounting department and the Company overall. I would like to thank Aaron for his efforts and wish him the very best in his future endeavours."

About Harvest One

Harvest One is a global company that develops and distributes premium health, wellness and self-care products with a market focus on sleep, pain, and anxiety. Harvest One is a uniquely positioned company in the cannabis space with a focus on infused and non-infused consumer packaged goods.  Harvest One owns and operates three subsidiaries; Satipharm (medical and nutraceutical); Dream Water Global, and Delivra (consumer); as well as a controlling interest in Greenbelt Greenhouse. For more information, please visit www.harvestone.com.

Cautionary Note Regarding Forward-Looking Statements

Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. The forward-looking information contained in this press release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties, and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Harvest One Cannabis Inc.

Cision View original content: http://www.newswire.ca/en/releases/archive/June2020/29/c1201.html

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