June 13, 2019 - 8:45 AM EDT
Harvest Health & Recreation Bolsters Legal Team with Appointment of General Counsel and Assistant General Counsel


Harvest Health & Recreation Bolsters Legal Team with Appointment of General Counsel and Assistant General Counsel

PHOENIX

  • Nicole Stanton and Allyson Wilcox join Harvest’s growing seven-member legal division with significant regulatory, compliance, management and corporate ethics experience as company acquires new licenses adding to leading national footprint
  • Veteran legal team will be dedicated to setting industry best standards across all business operations to further navigate regulatory growth

Harvest Health & Recreation, Inc. (CSE: HARVOTCQX: HRVSF) a vertically integrated cannabis company with one of the largest and deepest footprints in the U.S., announced today the appointment of Nicole Stanton as VP and General Counsel and Allyson Wilcox as Assistant General Counsel.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190613005119/en/

Nicole Stanton (Photo: Business Wire)

Nicole Stanton (Photo: Business Wire)

The two important additions expand Harvest’s world class executive team, bolstering its growing legal division of seven experienced lawyers to oversee and manage regulatory legal growth, compliance and licensing deals as Harvest continues their national expansion. Stanton and Wilcox will develop ethical best practices to position Harvest as the leading vertically integrated cannabis company, navigating state regulations and driving national cannabis legality and policy approaches.

“Our success is driven by our best-in-class team of experts who understand the complexities of how to manage the regulatory uncertainty that exists within the legal cannabis market. We focus on why cannabis is important for each community we enter into and it takes an in-depth understanding of community relations and law to allow us to enter the markets with extreme professionalism,” said Steve White, CEO of Harvest. “As Harvest continues our growth, we need the highest level of expertise in understanding regulatory, compliance, management and corporate ethics. We are thrilled to bring on Nicole and Allyson to guide us in setting the best standard of operations to create safe and transparent experiences nationally.”

Prior to her role at Harvest, Stanton held the position of Managing Partner in the Phoenix office of Quarles & Brady while simultaneously serving as the firm’s Assistant General Counsel. As a veteran legal and ethics expert, Stanton was responsible for overseeing over 100 lawyers and 75 professional legal staff in Phoenix covering 11 different legal practice areas. Her practice has been in commercial litigation and real estate. Her storied success as defense counsel for several local and national law firms, along with representing accounting firms, financial institutions, and insurance brokers, has garnered her an established and credible reputation across business practices. Stanton is also a leading Phoenix figure serving as the First Lady of Phoenix while her husband was Mayor from 2011-2018 and now a member of the United States Congress representing Arizona's Ninth Congressional District. She continues to serve the community dedicated as an activist for children's safety and wellbeing, specifically through her anti-bullying initiative, Stop Bullying AZ/The Dion Initiative.

Joining the company in April of this year, Wilcox leads a team of 14 in the Regulatory Compliance and Licensing Departments. Her exemplary background of navigating complicated markets stems from her prior experience at Beam Suntory where she served as the Associate General Counsel for the Americas Region among other legal roles. At Beam Suntory, Wilcox had a wide range of responsibilities for the company's legal and regulatory strategies. In addition to her general corporate practice, she was a member of the Americas’ Leadership Team and Beam Suntory’s Environmental Management Committee. Wilcox led the Industry Affairs group which was responsible for legal and corporate social responsibility compliance for the marketing, advertising and sales functions.

“Harvest is at the forefront of shifting the model of licensing and regulation and I could not think of a better time to join the exceptional team that has paved the way for disrupting the industry and is setting a new standard of success for entry into new markets,” said Stanton. “It is an incredible opportunity to help navigate an emerging industry while bringing cannabis and its positive uses to more consumers nationally,” added Wilcox.

Harvest’s legal division plays a pivotal role in setting industry best practices as Harvest continues a fast-paced growth track, building, acquiring and expanding brands and distribution across the U.S. to more than 16 states and territories.

About Harvest Health & Recreation, Inc.

Headquartered in Tempe, Arizona, Harvest Health & Recreation, Inc. is a multi-state cannabis operator (MSO) and vertically-integrated cannabis company. Subject to completion of announced acquisitions, Harvest will have the largest footprint in the U.S., with rights to more than 210 facilities, of which approximately 140 are retail locations, and more than 1,580 employees across 17 states. Since 2011, the company has been committed to aggressively expanding its Harvest House of Cannabis retail and wholesale presence throughout the U.S., acquiring, creating and growing leading brands for patients and consumers nationally and continuing on a path of profitable growth. Harvest’s mission is to improve lives through the goodness of cannabis and is focused on its vision to become the most valuable cannabis company in the world. We hope you’ll join us on our journey: https://harvestinc.com.

Facebook: @HarvestHOC
Instagram: @HarvestHOC
Twitter: @HarvestHOC

Forward-looking Statements

This press release contains statements which constitute "forward-looking information" within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of Harvest with respect to future business activities. Forward-looking information is often identified by the words "may," "would," "could," "should," "will," "intend," "plan," "anticipate," "believe," "estimate," "expect" or similar expressions and include information regarding: (i) expectations regarding the size of the U.S. cannabis market, (ii) the ability of the Company to successfully achieve its business objectives, (iii) plans for expansion of Harvest, and (iv) expectations for other economic, business, and/or competitive factors.

Investors are cautioned that forward-looking information is not based on historical facts but instead reflects Harvest management's expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although Harvest believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the combined Company. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information are the following: the potential impact of an announcement of a going public transaction on relationships, including with regulatory bodies, employees, suppliers, customers and competitors; changes in general economic, business and political conditions, including changes in the financial markets; and in particular in the ability of the Company to raise debt and equity capital in the amounts and at the costs that it expects; adverse changes in the public perception of cannabis; decreases in the prevailing prices for cannabis and cannabis products in the markets that the Company operates in; adverse changes in applicable laws; or adverse changes in the application or enforcement of current laws, including those related to taxation; the inability to locate and acquire suitable companies, properties and assets necessary to execute on the Company's business plans; and increasing costs of compliance with extensive government regulation. This forward-looking information may be affected by risks and uncertainties in the business of Harvest and market conditions.

Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although Harvest has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. Harvest does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.

Media Contacts:
Alex Howe, Head of Corporate Communications
(202) 271-7997
ahowe@harvestinc.com


Source: Business Wire (June 13, 2019 - 8:45 AM EDT)