DENVER–(BUSINESS WIRE)–Schwazze, previously working as Medicine Man Technologies, Inc. (OTCQX: SHWZ) (“Schwazze” or “the Company”), at present introduced that Jeff Cozad and Salim Wahdan have been appointed to the Schwazze Board of Directors. Mr. Cozad will even serve on the following committees: Audit, Compensation and Corporate Governance. Mr. Wahdan will serve on the Audit committee.
Mr. Cozad and Mr. Wahdan will be a part of Justin Dye, Brian Ruden, Jeff Garwood, and Pratap Mukharji on the Schwazze Board of Directors.
Background of Jeff Cozad
Mr. Cozad is the co-founder of CRW Cann Holdings, LLC – a particular goal automobile created to assist Schwazze’s imaginative and prescient of turning into the dominant, vertically built-in participant in the Colorado hashish market. He can also be the Managing Partner of his household workplace, Cozad Investments, LP, which has accomplished greater than 20 investments throughout a disparate set of industries over the previous 13 years.
Previously, Mr. Cozad spent a number of many years as a senior member of the funding group at companies that collectively deployed $10+ billion over his tenure. Most just lately, Mr. Cozad co-founded and spent 12 years as a Managing Partner at Stonerise Capital Partners, an funding partnership that takes a value-add method to constructing a concentrated portfolio of predominantly public securities in US small to mid-cap publicly traded firms. He was additionally a Partner at Blum Capital Partners for six years, a agency targeted on each public strategic blocks and non-public fairness investments. Prior to that, Mr. Cozad was a Managing Director of Security Capital Group Incorporated, a $4.5 billion international actual property analysis, funding, and working administration firm for 10 years. Mr. Cozad spent the early years of his profession at Morgan Stanley and LaSalle Partners Incorporated.
Mr. Cozad enjoys taking an energetic, collaborative position to drive shareholder worth in the firms through which he invests. He has sat on a number of public firm Boards, together with CB Richard Ellis, Regency Realty, and Security Capital U.S. Realty. Mr. Cozad has additionally sat on a number of non-public firm Boards and advisory committees together with Pacific Retail Trust and Pall Mall Partners. Currently, he’s a Board member or advisor to quite a few earlier stage non-public firms, together with Brevvie, Bridge (just lately acquired by SeventyFifty Technologies), Cleanshelf, and Craftable.
Mr. Cozad holds an MBA from The University of Chicago Booth School of Business and obtained a BA in Economics and Management from DePauw University, the place he serves on the Board of Trustees and is Chairman of the University Endowment Fund Investment Committee.
“Jeff is a welcome addition to our Board,” mentioned Justin Dye, Chairman and CEO. “He brings to us not only financial expertise, but also significant and relevant Board experience that will be invaluable to us as we drive to create value for our shareholders. We look forward to benefitting from his well-established skill set as we pursue growth opportunities and build the premier vertically integrated cannabis company in Colorado.”
“I share in the leadership team’s view that the cannabis industry is ripe for consolidation, firmly believe that Schwazze can become a leader in this emerging industry, and am excited to invest a material amount of my family’s capital in the Company,” mentioned Jeff Cozad, Director.
Background of Salim Wahdan
Mr. Wahdan has shut to twenty years of entrepreneurial expertise proudly owning and working retail companies. Most just lately, he was a associate and operator of Star Buds in Adams, Louisville, and Westminster, a number of of the Star Buds’ branded dispensaries the Company bought between December 2020 and March 2021. Mr. Wahdan was instrumental in the early development of the Star Buds franchise. Previous to his time in the hashish trade, Mr. Wahdan owned and operated varied retail ideas in Colorado.
“Salim has over 20 years of hands-on retail experience. I believe his recent cannabis experience will represent the voice of the customer to our board,” mentioned Justin Dye, Chairman and CEO.
“I look forward to joining the Schwazze Board of Directors and providing strategic guidance as it navigates the great opportunities of being a leader in the cannabis space. With the recent acquisition of Star Buds, I believe we are off to a great start and I am excited to facilitate the successful integration,” mentioned Salim Wahdan, Director.
Schwazze (OTCQX: SHWZ) is targeted on constructing the premier vertically built-in hashish firm in Colorado. The firm’s management group has deep experience in mainstream CPG, retail, and product improvement at Fortune 500 firms in addition to in the hashish sector. The group has a high-performance tradition and a deal with analytical determination making, supported by information. Customer-centric pondering evokes Schwazze’s technique and offers the basis for the Company’s operational playbooks.
Medicine Man Technologies, Inc. was Schwazze’s former working commerce identify. The company entity continues to be named Medicine Man Technologies, Inc.
This press launch incorporates “forward-looking statements.” Such statements could also be preceded by the phrases “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” , or comparable phrases. Forward-looking statements aren’t ensures of future efficiency, are based mostly on sure assumptions, and are topic to varied identified and unknown dangers and uncertainties, many of that are past the Company’s management and can’t be predicted or quantified. Consequently, precise outcomes could differ materially from these expressed or implied by such forward-looking statements. Such dangers and uncertainties embrace, with out limitation, dangers and uncertainties related to (i) our incapacity to manufacture our merchandise and product candidates on a industrial scale on our personal or in collaboration with third events; (ii) difficulties in acquiring financing on commercially affordable phrases; (iii) adjustments in the measurement and nature of our competitors; (iv) loss of a number of key executives or scientists; (v) difficulties in securing regulatory approval to market our merchandise and product candidates; and (v) precise shareholder returns. More detailed details about the Company and the danger elements which will have an effect on the realization of forward-looking statements is about forth in the Company’s filings with the Securities and Exchange Commission (SEC), together with the Company’s Annual Report on Form 10-Ok and its Quarterly Reports on Form 10-Q. Investors and safety holders are urged to learn these paperwork free of cost on the SEC’s web site at http://www.sec.gov. The Company assumes no obligation to publicly replace or revise its forward-looking statements consequently of new info, future occasions or in any other case.