Supreme Cannabis Strengthens Board of Directors with the Appointment of Kenneth R. McKinnon

Published: March 8, 2019

Supreme Cannabis Strengthens Board of Directors with the Appointment of Kenneth R. McKinnon

The Supreme Cannabis Company, Inc., announced the strengthening of its board of directors with the appointment of a new independent director, Kenneth R. McKinnon, Q.C. As an experienced corporate executive and director, Mr. McKinnon brings substantial financial oversight and business advisory experience to the Company’s Board.

Mr. McKinnon is currently a Partner at Citrus Capital Partners Ltd. and serves on the board of Touchstone Exploration Inc., and Alvopetro Energy Ltd. His previous director experience includes Petrominerales Ltd. and Lightstream Resources Ltd. where he served as Chairman from 2011 -2016. Mr. McKinnon also served on the Board of Governors of the University of Calgary and as a Director of Alberta Innovates, holding positions on the Executive Committee and as Chairman of the Compensation and Governance Committees in each organization.

“Mr. McKinnon brings a wealth of governance expertise and experience to our already robust board of directors,” said Navdeep Dhaliwal, CEO of Supreme Cannabis. “As a management team, we benefit greatly from our Board’s stewardship and oversight. This addition will be of great value as we continue to execute on our strategic imperatives for 2019 and position Supreme Cannabis for long-term growth in the international cannabis market.”

“I’m pleased to be joining the board of Supreme Cannabis at this important inflection point in the Company’s history within an exciting and dynamic market environment,” said Kenneth McKinnon. “As the Company embarks on a period of tremendous growth and differentiation, I look forward to working with the management team to implement the best practises in corporate governance.”

Following Supreme Cannabis’s recent graduation to the Toronto Stock Exchange, the Board reviewed its existing corporate governance and, in line with best practice, decided to increase the number of independent directors sitting on the Board. As such, the Company has also accepted the resignation of Mr. Scott Walters, who served as a director of the Company since 2016 before becoming a member of Supreme’s management team in 2018. The Board thanks Mr. Walters for his service and contribution and notes that he will continue to play a valuable role on Supreme Cannabis’ senior management team as its Vice President of Corporate Development.

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