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Lee Hecht Harrison Knightsbridge’s growth strategy continues with five new partners joining the Search Practices

Vlad Poptamas

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To meet clients’ evolving and complex talent needs, Lee Hecht Harrison Knightsbridge (LHH Knightsbridge) is pleased to announce that it has expanded its Executive Search, Recruitment Solutions and Executive Interim Management teams.

The rapid growth strategy driven by market demand—which includes the addition of five new partners (two located in Montreal and Vancouver), a bolstered presence in Toronto and planned expansion into the US market—is designed to further strengthen the company’s existing commitment to top-tier Executive and Leadership Search Practice aligned with LHH Knightsbridge’s leadership and cutting-edge assessment, onboarding, leadership development and coaching solutions.

These new additions now complete the team of 18 highly talented partners, with extensive experience and expertise across a wide-range of sectors and geographies.

“With more feet on the ground—and the addition of top, experienced leading talent on our team—we can now provide our clients with complete solutions to their recruitment requirements,” says Robert Hosking, SVP, Managing Director, Search Practices.

This new team of partners is comprised of five industry veterans, each of whom brings unique expertise to the Search Practices:

  • Marc Deschatelets, Partner, Executive Search – MontrealLeveraging 30 years of executive recruitment experience, with 15 years in senior leadership roles, Marc’s sector expertise, at the Montreal office, will include government, education, arts media and culture, retail and distribution, transportation, consumer goods, communications and technology.

  • Bruce Diemert, Partner, Executive Search – Western CanadaA key player in the talent management and management consulting industries for the last 21 years, Bruce’s executive search expertise encompasses resource-based industries, professional services, manufacturing and IT. Based in Vancouver, Bruce will service clients throughout Western Canada.

  • James Smith, Partner, Executive Search – Toronto James’ extensive business experience spans over 20 years in senior leadership roles for a number of consumer-focused businesses, ranging from owner operated companies to publicly held corporations, across Canada and the US.  His approach is to fully engage in a client’s business and is passionate about matching the right fit, culture and personality for both client and candidate.  Based in Toronto, James will focus on CPG, pharmaceuticals, cosmetics and cannabis.

  • Kevin Tennant, Partner, Executive Interim Management – TorontoOver the last 34 years, Kevin has worked on retained, contingency, executive and interim mandates across almost every industry and function—including IT, finance/accounting, risk, operations and human resources. In his new role, Kevin will focus on the financial services sector in Ontario and subsequently, across North America

  • Jon Nagamatsu, CPA, CA, Partner, Recruitment Solutions – TorontoWith more than 15 years of experience in the human capital industry—working alongside both international and local organizations in the financial, operational and human resources sectors—Jon will be responsible for helping our clients source and attract high-quality, mid-level leadership candidates and senior level individual contributors.

“LHH Knightsbridge is committed to helping our clients attract, develop and retain the leading talent they need to achieve both short- and long-term success,” says Jim Mitchell, President. “We believe these recent additions to our team will allow us to better deliver on that commitment and further solidify our position as a global talent leader.”

 

SOURCE Lee Hecht Harrison Knightsbridge Corp

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Cannabis

Sunniva Announces Closing Of Third Tranche Of Short Term Bridge Financing For Proceeds Of Cad $325,000

Vlad Poptamas

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Sunniva Inc. (“Sunniva”, the “Company”, “we”, “our” or “us”) (CSE:SNN) (OTCQB:SNNVF), a North American provider of cannabis products and services, is pleased to announce that it has closed the third tranche of the Company’s non-brokered private placement (the “Offering“), previously announced on August 1, 2019 of CAD $325,000 for a total of 325,000 units of the Company (“Units“). In aggregate the total gross proceeds raised by the Offering was CAD $7.57 million and 7.57 million Units issued. Each Unit consists of a principal amount of unsecured promissory notes of the Company (“Promissory Notes“) and common share purchase warrants of the Company (“Warrants“).

As previously disclosed, proceeds of the Offering will be used to provide short term working capital for operations in California, capital costs at the Sunniva California Campus and general corporate purposes.

The Units issued under the Offering have the following terms:

Promissory Notes  

     Maturity: 

6 months from the closing date.

     Interest Rate:

10% (annual rate).

Warrants 

     Number of Warrants:   

0.40 Warrants per Unit (each Warrant entitles the holder to acquire one common

share of the Company at the Warrant Exercise Price).

     Warrant Exercise Price:  

CAD $2.50 per Warrant.

     Warrant Term:         

24 months from closing.

A finder’s fee of 5% payable in cash will be paid to certain investment advisors for introducing certain purchasers of Units to the Company.

The Promissory Notes and Warrants have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the Promissory Notes or Warrants in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful.

For more information please visit: www.sunniva.com.

To be added to the Sunniva email distribution list please register at www.sunniva.com/email-alerts.mailto:

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

SOURCE Sunniva Inc.

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Cannabis

INTERCURE: CANNDOC signs strategic distribution agreement with S.L.E. of TEVA Pharmaceuticals

Vlad Poptamas

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InterCure (TASE: INCR), announced that subsidiary Canndoc has entered into a strategic distribution agreement with Salomon, Levin, Elstein (S.L.E.,) which is owned by Teva Pharmaceuticals Industries (NYSE: and TASE: TEVA).

Under terms of the agreement, S.L.E. will distribute Canndoc’s GMP products to pharma clients, including hospitals, health maintenance organizations (HMOs) and all pharmacies in Israel, including pharmacy chains. In the future, as regulatory approvals allow, S.L.E. will provide logistics capability for exporting Canndoc’s products to countries that support regulations for the sale and distribution of cannabis products for medical use.

S.L.E. is one of Israel’s leading companies for providing health logistics services and distributes products from dozens of local and international companies. S.L.E. is licensed by the Israeli Ministry of Health, and also holds a GDP distribution license.

“Our agreement with S.L.E., Israel’s leading company in distributing medical products, creates a complete supporting platform for supplying Canndoc’s GMP products to any location in Israel and for countries with similar regulations,” said Canndoc’s Chairman Ehud BarakThrough its S.L.E. partnership, Canndoc has aligned itself with one of the most prominent pharmaceutical companies in the world, for the distribution of cannabis-based medical treatments to countries that recognize the value of these medicines for people in need.”

S.L.E. CEO Aviad Bossi adds, “The agreement brings together our well-established pharmaceutical distribution network with Canndoc’s high quality medical cannabis industry presence and market leadership. Beyond the operations in Israel, this agreement will provide Canndoc significant logistical capabilities that can support Canndoc’s exporting operations from Israel.”

The distribution agreement is set for a 3-year term and includes a mechanism for automatic extension periods of two years each.

Canndoc is one of the first licensed producers, with its GMP-approved medical cannabis Rx products being sold in pharmacies. The engagement in this distribution agreement will broaden Canndoc’s ability to distribute GMP products to its patients within the S.L.E. pharmacy network throughout Israel. In addition, S.L.E. will provide Canndoc significant logistical capabilities in the future supporting Canndoc’s ability to export its products to countries with consistent regulation for the sale and distribution of cannabis products for medical use.

 

SOURCE Canndoc

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Cannabis

Prairie Records Tops the Charts: Named Top Cannabis Retailer in Canada at Grow UP

Vlad Poptamas

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Prairie Records Store Interior
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Westleaf Inc. (the “Company” or “Westleaf“) (TSX-V:WL) (OTCQB:WSLFF) is proud to announce its Prairie Records retail stores have been named top cannabis retailer in Canada at the GrowUP Conference & Expo. Singing a different tune in cannabis retail, the award win is a testament to how Prairie Records is offering Canadian’s a truly unprecedented purchasing experience.

“It is extremely gratifying to have Prairie Records be recognized at one of the industry’s largest events and to be able to stand out amongst a field of very worthy retail competitors,” says Adam Coates, Chief Commercial Officer at Westleaf and Retail Brand Strategist for Prairie Records. “We set out to make waves in a sea of sameness by creating an immersive experience like no other in the marketplace, and we are pleased and honoured to receive this, the first Grow UP Conference retail award.”

Ten companies were nominated in the Grow UP retail category at this year’s event, the first for the industry. Among the nominees were independent stores and well-known national chains. Prairie Records was recognized based on delivering an unparalleled consumer purchasing experience and creating a welcoming brand for cannabis consumers.

Westleaf has four Prairie Records stores open, three in the Saskatoon region and one in Calgary, which is hosting its grand opening tomorrow, September 14. The concept combines the tactile and immersive feel of a vinyl record store with a cannabis purchasing experience. Information about the cannabis strains and strengths are presented on album covers and the customer is enveloped in a warm and welcoming retail experience. The staff are well versed on the product offering and provide educational opportunities for both the experienced cannabis connoisseur as well as the novice consumer.

 

SOURCE Westleaf Inc.

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