Wikileaf Announces Appointment of Leafly Co-Founder, Cy Scott, to Its Board of Directors

One Web Services Inc. (“OWS”), the owner and operator of the cannabis price comparison website Wikileaf.com, is pleased to announce that Cy Scott will join the board of OWS.

Involved in the cannabis industry since 2010, Cy is widely respected throughout the technology and cannabis industries having created several successful businesses. Most notably, he co-founded Leafly, one of the largest cannabis websites in the world, that allows users to rate and review different strains of cannabis and dispensaries. He helped grow the company into one of the most well-respected brands in the cannabis industry and helped make Leafly the first tech acquisition in the cannabis sector.

Today, Cy is CEO of Headset Inc., a leading SaaS platform designed to help retailers, processors and growers make informed decisions about the emerging cannabis industry, based on real-time cannabis retail data. Bringing together his academics, business background and support for cannabis, Cy founded and continues to support the Seattle-area Cannabis Tech Meetup (CTM), in order to inspire entrepreneurs in the technology space to discover opportunities in the cannabis industry, making him a leader in the emerging cannabis technology sector.

Cy joins the current members of the OWS Board:

Chuck Rifici: CEO of Nesta Holding Co. Ltd; CEO of Auxly Cannabis Group

Dan Nelson: Founder and CEO of One Web Services, Inc.

Manoj Hippola: CIO of Nesta Holding Co. Ltd; CFO of One Web Services, Inc.

Megan Sanders: Founder and CEO of MiNDFUL; Founder and CEO of Will & Way

Josh Babyak: Founder of Dentalplans.com; Founder of JBMF LLC

Quotes

“Cy’s addition to the board will provide us with invaluable insight into dispensary data analytics, as we prepare to monetize Wikileaf in 2019. His counsel will dovetail well with the expertise of our other board members, as we proceed with our go-public plans,” said Dan Nelson, Founder and CEO, OWS.

“I’ve known Dan for some time and have always respected his and Wikileaf’s approach to the cannabis industry. We share a similar vision, Wikileaf sees cannabis more of a mainstream product and creates tools to connect people to it. I’m excited to bring my experiences from the cannabis tech and retail sectors, and to see where Wikileaf will go in the U.S., Canada and internationally,” said Cy Scott, Board Member, OWS.

About One Web Services Inc.

One Web Services Inc. (“OWS”) operates Wikileaf, a price comparison website for recreational and medicinal cannabis users. Wikileaf provides consumers with instant price comparison among dispensaries in their immediate vicinity. OWS is owned and operated by Nesta Holding Co. Ltd., a private equity firm that builds partnerships and brands within the cannabis space. Nesta was founded in 2015 by Chuck Rifici, co-founder and former CEO of Canopy Growth Corporation (formerly Tweed Marijuana Inc.). Nesta's mission is to acquire, cultivate and monetize consumer cannabis opportunities that could achieve long-term benefit from the changing U.S. regulatory environment. The firm aims to be the premier partner for companies aspiring to create and shape the legalized cannabis industry. For more information, please visit www.wikileaf.com.

Caution Regarding Forward-Looking Information

Certain statements in this news release may constitute "forward-looking" statements which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of OWS or the industry in which it operates, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. When used in this news release, such statements use words such as "may," "will," "expect," "believe," "plan," and other similar terminology. These statements reflect management's current expectations regarding future events and operating performance and speak only as of the date of this news release. These forward-looking statements involve a number of risks and uncertainties.

These risk factors will be discussed in detail under the heading "Risk Factors" in the listing statement to be filed with the CSE. New risk factors may arise from time to time, and it is not possible for management to predict all of those risk factors or the extent to which any factor or combination of factors may cause actual results, performance or achievements of the company to be materially different from those contained in forward-looking statements. Given these risks and uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results. Although the forward-looking statements contained in this news release are based upon what management believes to be reasonable assumptions, OWS cannot assure investors that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of December 18, 2018. OWS will update these assumptions at each reporting period after going public and will adjust its forward-looking information as necessary.

Stay Connected

For more information about Wikileaf, please visit www.wikileaf.com, or follow us on Twitter @Wiki_Leaf, Instagram @wiki_leaf, Facebook @Wikileaf, and YouTube Wikileaf.

Media Contact

For media enquiries only

press@wikileaf.com

Source: Wikileaf


Categories: Cannabis

Tags: Canadian Securities Exchange, Cannabis, Cannabis Price Comparison, Cannabis Technology, Cannatech, Chuck Rifici, Cy Scott, Dan Nelson, Leafly, Recreational and Medical Cannabis, SaaS, Wikileaf