Newstrike Brands appoints Byrne as CFO 2018-11-13 17:41 ET - News Release
Mr. Jay Wilgar reports
NEWSTRIKE APPOINTS SEAN BYRNE AS CHIEF FINANCIAL OFFICER
Newstrike Brands Ltd. has appointed Sean Byrne as chief financial officer, effective immediately.
"Sean brings a wealth of strategic industry, regulatory and public company experience from the consumer-packaged goods, agricultural products and beverage alcohol industries that we believe can help accelerate our progression as a brand-focused licensed producer in a highly regulated market," said Jay Wilgar, chief executive officer of Newstrike. "His proven track record in senior financial roles at publicly traded companies will complement our management team as we take Newstrike into the next phase of growth."
"We have all the ingredients to succeed with a compelling brand in Up Cannabis, supply agreements in five provinces and a best-in-class cultivation operation. I'm excited to join the team and look forward to executing our strategy," added Mr. Byrne.
Mr. Byrne's career spans over 25 years in senior financial management roles. Most recently, Mr. Byrne was chief financial officer at Toronto Stock Exchange-listed Brick Brewing Ltd. Co., the largest Canadian-owned brewer in Ontario. He has also held senior finance positions at several Nasdaq and New York Stock Exchange-listed companies, including RR Donnelly Canada, Thermo Fisher Scientific, The Scotts Company and Monsanto Corp. Inc. Mr. Byrne holds a master of business administration from Heriot Watt University, Edinburgh Business School and is a CPA, CMA.
Mr. Byrne succeeds Jason Redman, who will be stepping down from the position. Added Mr. Wilgar, "On behalf of Newstrike and the board of directors, I want to thank Jason for his contributions in maturing the business and taking the company through the opening of the legal cannabis market."
About Newstrike Brands Ltd. and Up Cannabis
Newstrike is the parent company of Up Cannabis, a licensed producer of cannabis that is licensed to both cultivate and sell cannabis in all acceptable forms. Newstrike, through Up Cannabis and together with select strategic partners, including Canada's iconic musicians The Tragically Hip, is developing a diverse network of high-quality cannabis brands.