August 10, 2022) – Bhang Inc. (CSE: BHNG) (OTCQB: BHNGF) (“Bhang” or the “Company“) has announced the resignation of President, CEO, and Board Member, Jamie L. Pearson, who has been with the Company since 2015 and has served as President/CEO of the award-winning brand since 2019.
Under Ms. Pearson’s leadership, Bhang transformed from a California favorite into a global cannabis household name. She launched the brand into six (6) US states including a multi-state deal with Trulieve Cannabis Corp. (CSE: TRUL) and ushered Bhang into Canada where it has been the #1 and #2 top-selling cannabis-infused chocolate for over two years. Fluent in German, Pearson also expanded the CBD division into nine European countries, further amplifying the brand’s reach. Twice named to High Times’ list of most influential women in cannabis, Pearson secured celebrity partnerships for Bhang with Cypress Hill, DJ Muggs, the Soul Assassins, Jim Belushi and The Blues Brothers.
Pearson remarked, “My tenure at Bhang has been unbelievably rewarding. I’ve had the pleasure of meeting and working with so many incredible people and feel overwhelming gratitude for all the success I experienced. It is a testament to the strength of what Bhang’s founders built and the passion, dedication, and inspired work of our team day in day out. As Bhang has grown, my vision has not been consistent with that of our largest shareholder. As such, it is time for me to move on. I leave extremely proud of what I accomplished and want to thank those in the organization who supported me.”
Executive Chairman of the Board, Mr. Graham Simmonds added, “Jamie’s dogged persistence and transformational work will outlast her. We respect her decision and wish her much success in the future. As an active Board member over the past two years, I have been closely involved with the Company and its management, and this will allow me to guide the Company forward as we seek to find a replacement CEO.”