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DJ Ananda Developments Plc Advisory Board Role

 
TIDMANA 
 
3 October 2019 
 
                            ANANDA DEVELOPMENTS PLC 
 
                          ("Ananda" or the "Company") 
 
                              ADVISORY BOARD ROLE 
 
Melissa Sturgess, Chief Executive Officer of Ananda, has joined MoCanna Inc as 
an Advisory Board Member. 
 
MoCanna is a globally focused cannabis platform focused on cultural, 
educational and retail experiences.  The company was founded by Lorne Gertner, 
chairman and co-founder of the cannabis lifestyle brand Tokyo Smoke which was 
sold to Canopy Growth as part of a $250m purchase of Haiku Brands in 2018. 
 
MoCanna's first initiative is byMinistry, a cannabis centric lounge and 
cultural space to be opened in Toronto in late 2019.  byMinistry's mission is 
to broaden and enhance perceptions toward a cannabis normalized future and 
become the global epicentre for exclusive cannabis cultural experiences. 
Ultimately, byMinistry aims to integrate verticals, to the extent permitted by 
applicable law, including dispensaries, consumption lounges, cultural 
programming, educational properties, experiential retail platforms and CBD 
convenience stores. It will also launch an in-house brand of premium 
adaptogenic and CBD-derived products in both the food and health/wellness 
categories to be sold throughout North America. 
 
MoCanna recently completed a $5m Series A fund raising with Canopy Growth as 
its lead investor. 
 
                                    -Ends- 
 
The Directors of the Company accept responsibility for the contents of this 
announcement. 
 
ANANDA DEVELOPMENTS PLC                                 +44 (0)7717 573 235 
Chief Executive Officer                           ir@anandadevelopments.com 
Melissa Sturgess 
 
Investor Relations 
Jeremy Sturgess-Smith 
 
PETERHOUSE CAPITAL LIMTED                               +44 (0)20 7469 0930 
Corporate Finance 
Mark Anwyl 
 
Corporate Broking 
Lucy Williams 
Duncan Vasey 
 
STANFORD CAPITAL PARTNERS LIMITED                       +44 (0)20 3815 8880 
Joint Corporate Broker 
John Howes 
Patrick Claridge 
 
CELICOURT COMMUNICATIONS                                +44 (0)20 8434 2643 
Mark Antelme 
Ollie Mills 
 
 
 
END 
 

(END) Dow Jones Newswires

October 03, 2019 02:00 ET (06:00 GMT)