BC Craft Supply Co. takes stock

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VANCOUVER, British Columbia, August 27, 2021 (GLOBE NEWSWIRE) – BC Craft Supply Co. Ltd., (CSE: CRFT) (“CRFT“or the”Society“), a diverse wellness company that advances cannabinoid and psychedelic innovation and psychotherapy, would like to report that Ms. Regan McGrath has stepped down as CFO of the company (“CFO“), effective August 24, 2021. Mr. Matt Watters has been appointed interim CFO while a suitable replacement is sought.

The Company also announces that it has adjourned the Annual General Meeting of Shareholders (the “Meeting“) which took place today, Friday August 27, 2021 at 10:00 am, to Friday September 10, 2021 at 10:00 am (the”Adjourned meeting“). The adjourned meeting will be held at the same location as the meeting (# 810 – 789 West Pender Street in Vancouver, British Columbia) and by toll-free teleconference at 1-800-319-7310 Participation code: 77783. To implement the adjournment, the Assembly has always been called on August 27, 2021 at 10:00 a.m., with the exception of a motion to adjourn the Assembly, no vote or other matter has been taken to the meeting. ‘Assembly.

During the adjournment period, the Company will continue to solicit proxies from its shareholders with respect to the proposals put to a vote at the Meeting, as set out in the Company’s management information circular dated July 23, 2021. which has been provided to all shareholders and is available at www.sedar.com. Only shareholders on the previously determined registration date of July 23, 2021 have the right to vote and are called to vote. No further action is required for shareholders who have already submitted a completed form of proxy for the meeting. The Company will issue further press releases regarding the adjourned Meeting and matters to be dealt with at the adjourned Meeting as required.

About BC Craft Supply Co. Ltd.
BC Craft Supply Co. Ltd. is a diverse wellness company advancing cannabinoid and psychedelic innovation and psychotherapy. The company offers a reinvented vision of the craft markets through collaboration, expertise and adaptation. Its operations include:

  • CRFT a curator and aggregator of artisanal cannabis, providing advocacy and access for producers of high quality small batches to the Canadian cannabis market;
  • Medcann Health Products – a cultivation and processing facility in Chemainus, British Columbia;
  • Feelwell brands, a successful cannabinoid brand house licensed in the State of California; and
  • AVA course a preclinical biotechnology company focused on neuroplasticity and mental health applications using psilocybin and compounds derived from fungi.

BC Craft works with local artists from all walks of life and remains firmly committed to preserving the artistry, technique and purity of their quest.

To follow @BC_Craft on Twitter for the latest updates.

THE CANADIAN SECURITIES EXCHANGE (THE “CSE”) HAS NEITHER APPROVED OR REJECTED THE CONTENT OF THIS PRESS RELEASE. NEITHER THE CSE NOR ITS MARKET REGULATOR (AS DEFINED IN CSE POLICIES) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS COMMUNICATION.

CAUTION REGARDING FORWARD-LOOKING INFORMATION:

This press release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of applicable Canadian securities laws. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as of the date of this press release. Any statement involving discussions regarding predictions, expectations, beliefs, plans, projections, goals, assumptions, future events or performance, “anticipates” or “does not anticipate”, “plan”, “budget”, “planned”, ” provides for “,” believes “,” believes “or” intends “or variations of these words and expressions or stating that certain actions, events or results” may “or” could “,” would “,” could ”Or“ could ”be considered to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this press release, forward-looking statements include, without limitation, the anticipated closing of the private placement.

Forward-looking statements are necessarily based on a number of estimates and assumptions which, although believed to be reasonable, are subject to known and unknown risks, uncertainties and other factors that may cause actual results and future events differ materially from those expressed or implied. by such forward-looking statements. These factors include, but are not limited to, general business, economic, competitive, political and social uncertainties. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Therefore, readers should not place undue reliance on the forward-looking statements and information contained in this press release. Except as required by law, CRFT assumes no obligation to update forward-looking statements of beliefs, opinions, projections or other factors, if changed, except as required by law.

For more information:
Matthew Watters, CEO and Director
Telephone: (604) 687-2038.
Email: [email protected]

BC Craft Supply Co. Ltd.
Office 810 – 789 Pender Street West
Vancouver, British Columbia
V6C 1H2

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