PORTLAND, Ore., Jan. 18, 2023 (GLOBE NEWSWIRE) — Chalice Manufacturers Ltd. (CSE: CHAL) (OTCQB: CHALF) (the “Firm” or “Chalice Manufacturers”), a premier consumer-driven hashish firm specializing in retail, manufacturing, processing, wholesale, and distribution, is happy to announce that it has appointed Gary Zipfel to the Firm’s Board of Administrators (the “Board”), efficient instantly.   The Firm has additionally appointed William Simpson as an Advisor to the Board of Chalice Manufacturers.

Jeff Yapp, CEO of Chalice Manufacturers said, “We’re privileged to welcome again main shareholder Gary Zipfel to our Board of Administrators and main shareholder William Simpson as an Advisor. We stay up for benefitting from their many contributions to Chalice Manufacturers. We consider Gary and William’s backgrounds with Chalice Manufacturers will serve to speed up broad recognition of the Firm’s potential.”

Mr. Zipfel serves as capital companion and board-level advisor for start-up stage corporations, offering enterprise planning, strategic path, and state of affairs evaluation. Mr. Zipfel has labored with corporations from a various array of industries together with hashish, vertical inexperienced area home equipment, mountain-home design and building, business actual property, bicycle components design and manufacturing, digital promoting, jet engine restore, healthcare notification techniques, eating places and breweries. Previous to changing into a start-up investor, Mr. Zipfel spent 15 years within the international monetary markets as a technologist and expertise chief.

Mr. Simpson based Chalice Manufacturers, previously Chalice Farms in 2014, turning the Firm into one of many main hashish manufacturers and retail dispensary chains in Oregon. Mr. Simpson leveraged his early expertise within the medical marijuana business to develop modern manufacturing, gross sales and advertising observe for the Chalice Manufacturers portfolio and retail platforms. Mr. Simpson previously had the place of President and Chief Government Officer of Chalice Manufacturers.

The Firm would additionally wish to announce the resignation of Bob McKnight from its Board of Administrators, efficient instantly.

“On behalf of the Board, I wish to thank Bob for his contributions to Chalice Manufacturers through the years,” commented John Varghese, Government Chairman. “We want him the perfect in his future endeavors.”

About Chalice Manufacturers

Chalice Manufacturers Ltd. is a premier consumer-driven hashish firm specializing in manufacturing, processing, wholesale, distribution and retail, with 15 owned dispensaries in and round Portland, Oregon. Chalice Manufacturers is dedicated to growing a dynamic portfolio constructed across the acknowledged manufacturers of Chalice Manufacturers, together with Chalice Farms, Left Coast Connection, Homegrown Oregon and Cannabliss & Co., with a give attention to well being and wellness. Go to buyers.chalicebrandsltd.com/ for normal updates.

Investor Relations:
John Varghese
Government Chairman
Chalice Manufacturers Ltd

The Canadian Securities Alternate doesn’t settle for duty for the adequacy or accuracy of this launch.

Disclaimer: This press launch accommodates “forward-looking data” throughout the that means of relevant securities laws. Ahead-looking data contains, however is just not restricted to, statements with respect to the Firm’s future enterprise operations, the opinions or beliefs of administration and future enterprise targets. Typically, ahead wanting data will be recognized by way of forward-looking terminology similar to “plans”, “expects” or “doesn’t anticipate”, “is anticipated”, “finances”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “doesn’t anticipate”, or “believes”, or variations of such phrases and phrases or state that sure actions, occasions or outcomes “might”, “might”, “would”, “would possibly” or “will probably be taken”, “happen” or “be achieved”. Ahead-looking data is topic to recognized and unknown dangers, uncertainties and different components which will trigger the precise outcomes, stage of exercise, efficiency or achievements of the Firm to be materially completely different from these expressed or implied by such forward-looking data. These dangers embrace however aren’t restricted to basic enterprise, financial and aggressive uncertainties, regulatory dangers, market dangers, dangers inherent in manufacturing and retail operations similar to unexpected prices and manufacturing shutdowns, difficulties in sustaining model loyalty, and different dangers of the hashish business. Though the Firm has tried to determine necessary components that might trigger precise outcomes to vary materially from these contained in forward-looking data, there could also be different components that trigger outcomes to not be as anticipated, estimated or meant. There will be no assurance that such data will show to be correct, as precise outcomes and future occasions might differ materially from these anticipated in such statements. Accordingly, readers shouldn’t place undue reliance on ahead wanting data. Ahead-looking data is offered herein for the aim of presenting details about administration’s present expectations regarding the longer term and readers are cautioned that such data might not be acceptable for different goal. The Firm doesn’t undertake to replace any forward-looking data, besides in accordance with relevant securities legal guidelines. This press launch doesn’t represent a proposal of securities on the market in the USA, and such securities might not be provided or bought in the USA absent registration or an exemption from registration or an exemption from registration.

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