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TORONTO, July 10, 2024 (GLOBE NEWSWIRE) — Avicanna Inc. (“Avicanna” or the “Firm”) (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN) a biopharmaceutical firm centered on the event, manufacturing, and commercialization of plant-derived cannabinoid-based merchandise is happy to announce that every one of administration’s nominees listed within the Firm’s Administration Data Round dated Might 31, 2024 (“Round”) had been elected as administrators of the Firm on the Firm’s Annual Normal Assembly of Shareholders held on July 10, 2024 (“Assembly”).
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The detailed outcomes of the vote for the election of administrators held on the Assembly are as follows:
| Title of NOMINEE |
# Votes Solid FOR |
% Votes Solid FOR |
# Votes WITHHELD |
% Votes WITHHELD |
||
| Aras Azadian | 17,347,064 | 99.99% | 2,019 | 0.01% | ||
| Giancarlo Davila Char | 17,320,064 | 99.83% | 29,019 | 0.17% | ||
| Paul Fornazzari | 17,321,064 | 99.84% | 28,019 | 0.16% | ||
| Eileen McCormack | 17,321,064 | 99.84% | 28,019 | 0.16% | ||
| John McVicar | 17,321,064 | 99.84% | 28,019 | 0.16% | ||
The Firm’s shareholders additionally accredited the reappointment of Kingston Ross Pasnak LLP because the Firm’s auditors for the following yr and approved the board of administrators to repair the auditors’ remuneration on the Assembly.
About Avicanna Inc.
Avicanna is a commercial-stage worldwide biopharmaceutical firm centered on the development and commercialization of cannabinoid-based merchandise and formulations for the worldwide medical and pharmaceutical market segments. Avicanna has a longtime scientific platform together with R&D and scientific growth resulting in the commercialization of greater than thirty proprietary, evidence-based completed merchandise and supporting 4 business stage enterprise pillars.
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SOURCE Avicanna Inc.
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Cautionary Notice Relating to Ahead-Wanting Data and Statements
This information launch comprises “forward-looking data” inside the that means of relevant securities legal guidelines. Ahead-looking data contained on this information launch could also be recognized utilizing phrases reminiscent of, “might”, “would”, “may”, “will”, “doubtless”, “anticipate”, “anticipate”, “imagine”, “intend”, “plan”, “forecast”, “venture”, “estimate”, “outlook” and different related expressions. Though the Firm believes that the expectations and assumptions on which such ahead wanting data is predicated are cheap, undue reliance shouldn’t be positioned on the forward-looking data as a result of the Firm may give no assurance that they are going to show to be appropriate. Precise outcomes and developments might differ materially from these contemplated by these statements. Ahead-looking data is topic to quite a lot of dangers and uncertainties that would trigger precise occasions or outcomes to vary materially from these projected within the forward-looking data. Such dangers and uncertainties embrace however usually are not restricted to present and future market situations, together with the market value of the frequent shares of the Firm, and the danger elements set out within the Firm’s annual data kind dated April 1, 2024 filed with the Canadian securities regulators and out there underneath the Firm’s profile on SEDAR at www.sedar.com. The statements on this information launch are made as of the date of this launch. The Firm disclaims any intent or obligation to replace any forward-looking data, whether or not because of new data, future occasions or outcomes or in any other case, apart from as required by relevant securities legal guidelines.
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