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Enter Symbol
or Name
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Mota Ventures Corp
Symbol MOTA
Shares Issued 80,732,902
Close 2019-12-09 C$ 0.43
Market Cap C$ 34,715,148
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Mota Ventures appoints Starke to board

2019-12-09 19:21 ET - News Release

Mr. Joel Shacker reports

MOTA VENTURES APPOINTS CLIFFORD STARKE TO BOARD OF DIRECTORS

Mota Ventures Corp. has appointed Clifford Starke as a director of the company, effective immediately.

Mr. Starke is the chairman of Hampstead Private Capital, a Bermuda-based merchant bank focused on financing and advising small- to mid-market, fast-growth companies. Over the course of the last five years, Mr. Starke has focused on the cannabis sector, and has acted as a founder, early-stage shareholder, financier, adviser and director to multiple cannabis companies in subsectors ranging from genetics, cultivation, distribution and e-commerce that have cumulatively generated over $3-billion of market capitalization. Currently, Mr. Starke is the chief executive officer of Franchise Cannabis Corp., a leading European-focused pharmaceutical cannabis company with distribution networks across 18 countries and the current market leader in Germany. Mr. Starke holds a bachelor of arts degree from Queen's University.

"As we enter the next wave in the cannabis sector, I believe significant shareholder value will be created in the international markets," said Mr. Starke. "I feel confident in the Mota team as they have previously demonstrated operational and execution ability in the sector, and I expect them to be very active in finding accretive international opportunities. I am pleased to join the board and will advise, direct, and provide relationships where needed to ensure Mota realizes its vision and achieves success."

Mr. Starke fills the vacancy created by Patrick Morris, who has resigned from the board to focus on other ventures. The board extends its gratitude to Mr. Morris for his service to the company over the years.

About Mota Ventures Corp.

Mota is seeking to become a large-scale vertically integrated low-cost producer and exporter of the highest-quality cannabidiol (CBD) products worldwide.

We seek Safe Harbor.

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