Toronto, Ontario--(Newsfile Corp. - March 18, 2020) - Graph Blockchain Inc. (CSE: GBLC) ("Graph" or the "Company") is pleased to announce that Christian Scovenna has joined the Company as President and COO, effective March 18, 2020.
"Christian's appointment represents a strong addition to our team, and I am excited to welcome him on board," says Govinda Butcher, Graph's CEO. "His experience in building and running public companies, especially in the cannabis industry, will be a tremendous asset as we build out Graph's psychedelic e-commerce marketplace. We see many similarities between the psychedelic sector today and the cannabis space 6-7 years ago. Having a seasoned capital markets President and COO in place will greatly benefit our company and shareholders as it will allow me to focus on the buildout and execution of our strategy."
COO & President Christian Scovenna added: "I am honoured to be joining GBLC and the team as we look to pivot into the psychedelics sector and create the first global psychedelic e-commerce marketplace. My commitment to the BOD and our shareholders is to develop a revenue-based model that serves to enhance shareholder value."
Christian Scovenna is a highly experienced C-Suite Executive with over 13 years of capital market experience working with both, private and public microcap companies in Canada. He has held numerous Board positions with publicly traded resource, pharmaceutical and cannabis companies structuring deals/acquisitions and raising capital In his previous engagement with Mojave Jane Brands Inc. (formerly, High Hampton Holdings Corp.) (CSE: JANE), he was instrumental in building the company as one of the original founders and was a key member of the management team as interim CEO and Senior VP Corporate Finance while also serving on the board as a director. He currently serves as Director for Revive Therapeutics (RVV.C), Pasofino Gold Limited (formerly Enforcer Gold Corp.) (TSXV: VEIN) and Tevano Payment Systems (Private Co.) as VP Of Corporate Development.
About Graph Blockchain Inc.
The Company develops leading-edge private blockchain business intelligence and data management solutions that it will implement into a blockchain supported e-commerce marketplace for the sale of psychedelic and ancillary products in legal jurisdictions.
Additional Information on the Company is available at: www.graphblockchain.com
For further information, please contact:
Govinda Butcher - CEO
Phone: (416) 522-6688
Forward Looking Statements
This news release contains "forward-looking statements" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements. In some cases, forward-looking statements can be identified by words or phrases such as "may", "will", "expect", "likely", "should", "would", "plan", "anticipate", "intend", "potential", "proposed", "estimate", "believe" or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions "may" or "will" happen, or by discussions of strategy. Readers are cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking statements. Such statements may prove to be incorrect and actual results may differ materially from those anticipated.
Forward-looking statements contained in this news release are expressly qualified by this cautionary statement and reflect the Company's expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.
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