Progress Towards Building A Strong Canadian
Brand
TORONTO, Nov. 20,
2023 /CNW/ - Shiny Health & Wellness Corp.
("Shiny Health" or the "Company") (TSXV: SNYB) today
announces that Ms. Meris Kott,
a current Director has been appointed to the role of interim Chief
Executive Officer ("CEO").
The Company further announces the resignation of Mr.
Michael Nadeau as the Company's CEO
and as a member of the Board of Directors effective November
18, 2023. The Board wishes Mike all the best in his future
endeavors.
The Board of Directors feels Meris is the right person to step
into the role as interim CEO and is well-positioned to continue
advancing our strategy with the Board's ongoing support and
oversight. Together with the deep bench of talent across the entire
organization, she will ensure SNYB does not miss a beat.
Meris began her journey in cannabis in 2012 developing the first
seed to sale dispensing terminal when Colorado was just the first state to approve
recreational cannabis sales. She began helping to shape
Canada's cannabis industry in
2018, launching a merchant bank to fund newly approved cannabis
products and companies entering the new Canadian cannabis sector.
She has keynoted at many cannabis conferences and spoken of her
belief that the plant has many health and wellness benefits yet to
be discovered.
Meris' background is in the global public markets and investment
banking, and she started her European experience in The Netherlands in 1983 working for an
International Venture Group. In 1985, she moved to the United States where she worked for an
American Investment Bank that specialized in funding emerging
growth companies. Today, she is CEO of a disruptive psychedelic
incubator Xtacy Therapeutics Corp. (a CSE listed corporation) that
provides high growth companies with financial, operational, and
management assistance in the fast-growing market for wellness
consumer products. The focus of Xtacy is on global wellness,
psychedelics, mycology, hemp and CBD, healthcare-related target
companies and their clinical studies and trials.
"I am extremely honored and excited to help Shiny Health &
Wellness Corp close off Q4 with our new acquisition of Stash &
Co., and look for further footholds throughout Canada, the USA and Europe. As someone who has ushered many
companies to the next level in the sector, this Company is by far
one my favorites, because of the unlimited potential I see ahead
for all of us. In this nascent cannabis sector, there is so much
more to discover from this plant and also accomplish for the
Company and our supportive stakeholders." Said Meris Kott, Interim CEO and Director Shiny
Health & Wellness Corp.
About Shiny Health & Wellness
Shiny Health &
Wellness Corp. is on a mission to help people never settle, live
fully by being a trusted source for health and wellness solutions
and services. The Company operates ShinyBud Cannabis Co., a
well-established brand of adult-use dispensaries in Ontario strategically located in markets less
saturated with cannabis retailers.
Shiny Health trades on the TSX Venture Exchange (TSXV) under the
ticker symbol SNYB. For more information, please visit
www.shinyhealthandwellness.com
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 Shiny Health & Wellness Corp.