Vancouver, British Columbia, March 12th, 2018 Quadron Cannatech Corporation (CSE:QCC) (the “Company” or “Quadron”) – (CSE: QCC), is pleased to announce the appointment of Leo Chamberland as President of the Company.
Mr. Chamberland, a co-founder of Soma Labs Scientific Inc. (a Quadron subsidiary), is taking an active management role as Quadron expands its operations in the cannabis sector. Leo is a successful entrepreneur bringing over 30-years of finance, strategic business development and operational experience, working with both private and publicly listed companies. Rosy Mondin will continue as the Company’s CEO, working closely with Mr. Chamberland and the Quadron board to develop the strategic operation plans, and growth strategies of the Company.
“Leo brings extensive senior leadership and finance expertise to Quadron,” states Rosy Mondin. “His skills in negotiation and strategic development will enable us to leverage partnerships to accelerate expansion. Mr. Chamberland’s appointment is timely as the Company matures and we drive Quadron’s growth in both new and existing markets by developing and executing national and international sales and operational strategies.” Mr. Chamberland added, “I am excited to join the management team of this progressive and dynamic company. As we embark upon our next stage of growth, it is our mission to solidify Quadron’s position as a cannabis industry leader through an aggressive growth strategy, synergistic acquisitions, and the introduction of additional product lines for the global marketplace.”
The Company further announces that it has granted a total of 3,305,000 incentive stock options to certain directors, officers, consultants and employees of the Company. The options have an exercise price of $0.40 per share and expire March 9, 2023.
About Quadron Cannatech
Quadron focuses on ancillary equipment, products and services for the authorized cannabis industry by providing a full array of end to end extraction and processing solutions including sales of alternative end user delivery options for recreational and medical consumers.