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Emerald Health Therapeutics Inc
Symbol EMH
Shares Issued 135,487,506
Close 2018-08-20 C$ 3.21
Market Cap C$ 434,914,894
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Village Farms, Emerald Health appoints Dosanjh JV CEO

2018-08-21 07:56 ET - News Release

See News Release (C-VFF) Village Farms International Inc

Mr. Michael DeGiglio of Village Farms reports

VILLAGE FARMS INTERNATIONAL ANNOUNCES APPOINTMENT OF PURE SUNFARMS PRESIDENT AND CEO

Village Farms International Inc. and Emerald Health Therapeutics Inc. have appointed Mandesh Dosanjh as president and chief executive officer of Pure Sunfarms Corp., their 50/50 owned cannabis joint venture, effective on or before Oct. 1, 2018. Mr. Dosanjh joins Pure Sunfarms from his position as senior vice-president, supply chain and wholesale, at the Liquor Control Board of Ontario (LCBO), where he led LCBO's supply chain division, and developed and managed its supply chain and wholesale strategy as the LCBO prepared for the legalization of adult-use cannabis.

Mr. Dosanjh commented: "Over the past two years at the LCBO, I became immersed in the Canadian cannabis industry and gained an in-depth knowledge and understanding of its many suppliers. Pure Sunfarms truly stands out in the industry for both the experience and expertise of its team, and the quality of its growing operations, strongly positioning it for leadership in the adult-use market. I look forward to the opportunity to leverage my in-depth knowledge of the Canadian cannabis product landscape, as well as my many years managing consumer packaged goods supply chains, to drive the success of Pure Sunfarms as a fully integrated cannabis products business."

"Mr. Dosanjh will be a tremendous asset to Pure Sunfarms as it moves aggressively to become a vertically integrated cannabis products supplier," said Michael DeGiglio, chief executive officer, Village Farms. "His deep experience in wholesale distribution and supply for large retailers, and intricate understanding of wholesale distribution in the Canadian cannabis industry, will provide Pure Sunfarms with a significant advantage in the development of its product and distribution strategy, as well as its brand and competitive positioning in the Canadian marketplace. In all respects, we are building this company the right way to drive sustainable value for the long term."

"Mr. Dosanjh comes to Pure Sunfarms from a unique vantage point in the Canadian cannabis industry, and we expect his insights and relationships to be invaluable in growing the business," said Chris Wagner, CEO, Emerald Health Therapeutics. "His broad experience will also be instrumental in driving efficiencies that will benefit bottom line profit."

Mr. Dosanjh is a seasoned supply chain executive with diverse industry experience. He has extensive experience planning and executing e-commerce, ERP and logistics strategies focused on effectively and efficiently expanding business operations. His roles leading supply chains have provided him the opportunity to work closely with operations, quality control, IT, regulators, sales and marketing teams. As senior vice-president, supply chain and wholesale, at LCBO, Mr. Dosanjh reported to the president and CEO. He was a member of the LCBO's executive steering committee for cannabis, which provided guidance to the LCBO board of directors and Ontario government. Previously, Mr. Dosanjh held increasingly senior-executive-level supply and distribution positions with a number of leading retailers, including Longo Brothers, Target Canada, Aritzia and Loblaw Companies.

About Village Farms International Inc.

Village Farms International is one of the largest and longest-operating vertically integrated greenhouse growers in North America and the only publicly traded greenhouse produce company in Canada. With more than 750 years of accumulated master grower experience coupled with advanced proprietary technology and environmentally sustainable growing practices, Village Farms is highly resource efficient. Village Farms produces and distributes fresh, premium-quality produce with consistency 365 days a year to national grocers in the United States and Canada from its large-scale controlled environment agriculture (CEA) greenhouses in British Columbia and Texas, as well as from its partner greenhouses in British Columbia, Ontario and Mexico.

About Emerald Health Therapeutics Inc.

Emerald Health Therapeutics is licensed in Canada to produce and sell dried cannabis and cannabis oil for medical purposes. Emerald is preparing to serve the fully legalized Canadian adult-use cannabis market starting Oct. 17, 2018. Emerald owns 50 per cent of Pure Sunfarms, which is converting a licensed existing 1.1-million-square-foot greenhouse in Delta, B.C., and is now in commercial production. It owns Agro-Biotech, a Quebec-based licensed cannabis grower with a 75,000-square-foot indoor facility and is planning to add a 500,000-square-foot greenhouse in Metro Vancouver.

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