Auxly Announces Appointment of Andrew MacMillan as VP, Commercial Business Development

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VANCOUVER, British Columbia, June 25, 2019 (GLOBE NEWSWIRE) — Auxly Cannabis Group Inc. (TSX.V – XLY) (“Auxly” or the “Company“) is pleased to announce the appointment of Andrew MacMillan as Vice President, Commercial Business Development.

Mr. MacMillan most recently served as the Chief Executive Officer of the PEI Liquor Control Commission, which is responsible for the regulation and sale of cannabis through its related corporation, the Cannabis Management Corporation. In his role as CEO, Mr. MacMillan oversaw the regulation of cannabis and the establishment of the PEI Cannabis retail operations, which are regarded as among the most successful in the country.

As Vice President, Commercial Business Development of Auxly, Mr. MacMillan will be responsible for leading Auxly’s retail operations initiatives, including wholly owned retail, strategic partnerships and provincial boards. He will also play a key role in helping to build an industry leading, customer centric cannabis business.

Chuck Rifici, Chairman and CEO of Auxly, noted “We are thrilled to have Andrew join Auxly. Andrew’s solid reputation and his strong relationships in the liquor and cannabis industry will no doubt be a great asset to Auxly as we look to execute on our retail strategy across the country. Andrew joins us at the perfect time, as we continue to meet with the provincial boards in anticipation of the sale of our derivative products on legalization later this year.”

ON BEHALF OF THE BOARD
Chuck RificiChairman & CEO

About Auxly Cannabis Group Inc. (TSX.V: XLY) (OTCQX: CBWTF)

Auxly is an international cannabis company dedicated to bringing innovative, effective, and high-quality cannabis products to the medical, wellness and adult-use markets. Auxly’s experienced team of industry first-movers and enterprising visionaries has secured a diversified supply of raw cannabis, strong clinical, scientific and operating capabilities and leading research and development infrastructure in order to create trusted products and brands in an expanding global market.

Learn more at www.auxly.com and stay up to date at Twitter: @AuxlyGroup; Instagram: @auxlygroup; Facebook: @auxlygroup; LinkedIn: company/auxlygroup/.

Investor Relations:
For investor enquiries please contact our Investor Relations Team: 
Email: [email protected]
Phone: 1.833.695.2414

Media Enquiries (only): 
For media enquiries or to set up an interview please contact:
Sarah Bain, VP External Affairs 
Email: [email protected] 
Phone: 613.230.5869

Notice Regarding Forward Looking Information:

This news release contains certain “forward-looking information” within the meaning of applicable Canadian securities law. Forward-looking information is frequently characterized by words such as “plan”, “continue”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “potential”, “proposed” and other similar words, or information that certain events or conditions “may” or “will” occur. This information is only a prediction. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking information throughout this news release. Forward-looking information includes, but is not limited to: the Company’s ability to successfully expand domestic and international operations and obtain new investment opportunities. There can be no assurance that the Company will realize the anticipated benefits from the Company’s business model.

The forward-looking information contained in this release is expressly qualified by the foregoing cautionary statements and is made as of the date of this release. Except as may be required by applicable securities laws, the Company does not undertake any obligation to publicly update or revise any forward-looking information to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events, whether as a result of new information, future events or results, or otherwise.

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.

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