Kiaro Holdings Corp., an omni-channel cannabis retailer and distributor, is pleased to announce that it has engaged Flinnwest Solutions Inc., an investor relations and digital media agency based in White Rock, British Columbia, to provide investor relations services, in addition to carrying out tasks and campaigns relating to Kiaro’s online presence on a month to month basis pursuant to the terms of an investor relations agreement. The IR Agreement is subject to the approval of the TSX Venture Exchange.
Under the terms of the agreement with Flinnwest as a service provider to the Company, Flinnwest will be paid approximately $7,500 (plus GST) as an initial set up fee and approximately $5,000 per month (plus GST) in cash for its services on a month-to-month basis. Flinnwest will not receive any securities in the capital of the Company as compensation. Flinnwest does not currently own any securities of Kiaro, however, Flinnwest and its clients may acquire a direct interest in the securities of the Company. Flinnwest and Kiaro are unrelated and unaffiliated entities.
Flinnwest was founded in 2015 by software engineer Grady Flinn, who primarily worked on projects in the investing sector over the course of his career, enabling him to identify operational gaps and shortcomings in investor relations departments. Flinn created Flinnwest to be a “one-stop shop” around a set of core competencies in investor relations and digital media in which all functions are performed in-house to prevent the latency and disorganization that is commonly caused by the involvement of third-party providers. Its 26-person team boasts experience in video production, marketing, social media, web development, analytics, and customer relationship management (“CRM”) systems. With other publicly traded clients in the medical imaging and precious metals sectors, Flinnwest is familiar with investor relations workflows and standards for firms traded on Canadian exchanges.
Based in Vancouver, British Columbia, Kiaro is an independent, omni-channel cannabis retailer and distributor. Through existing storefronts across British Columbia and Saskatchewan, a wholesale distribution division servicing Saskatchewan, and plans for national expansion, Kiaro is driven to introduce new and experienced consumers to a lifelong exploration of cannabis. With more than 40 years of collective retail-focused experience, Kiaro’s leadership team has a proven track record of growing retail brands across North America and plans to open multiple retail locations nationwide over the coming years.