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CAN (ON): Flower One appoints Bern Whitney to board of directors

Flower One Holdings has appointed Bern Whitney to its Board of Directors, effective June 1, 2020.

"We are very pleased to welcome Bern Whitney to our Board of Directors and to serve as the Chair of our Audit Committee," said Ken Villazor, Flower One's President and Chief Executive Officer. "Bern brings in-depth experience to Flower One as a board director and audit committee chair for both public and private companies."
Mr. Whitney has over thirty-five years of diversified operational experience in the rapidly changing markets of technology, biotech, and manufacturing for both consumer and enterprise focused companies. He is currently a partner at FLG Partners, engaging as both a board advisor and CFO consultant providing strategic and operational financial guidance.

Mr. Villazor continued, "Bern will be a significant asset to our team as we continue to strengthen our leadership position within the cannabis industry. His wealth of experience in capital raising, audit, and financial reporting brings enormous value to Flower One as we further enhance our corporate governance and financial control practices."

"Over his career, Mr. Whitney has served as Chief Financial Officer and in other senior financial management roles for multiple domestic and international companies ranging from the pre-revenue stage up to $2.4 billion in annual revenues. Mr. Whitney has a broad background in business development, including M&A and other strategic business transactions, with extensive experience in equity and debt financings for IPO's and follow-on offerings. He serves on and has served as a director on a number of public, private entity, and not-for-profit boards including Digimarc Corporation (NASDAQ: DMRC) as audit committee chair and member of the corporate governance committee, Plumtree Software, Inc. (Nasdaq: PLUM), Fonality, Inc., ServiceSpace, and CSUC Business School. Mr. Whitney holds a Bachelor of Science degree in Finance from CSUC, an MBA from San Jose State University and is a graduate of Stanford University's Directors' College."

Commenting on his appointment to Flower One's Board, Mr. Whitney said, "I am excited to join and work with the Board and the entire Flower One team at such a pivotal time in the Company's growth trajectory. Flower One has already achieved many business and operational milestones during its time as a public company, and I look forward to having the opportunity to support the Board and management in driving further growth and profitability in the years to come."

For more information:
Flower One
20 Richmond Street East, Suite 600
Toronto, ON M5C 2R9
+1 (416) 913-9642
flowerone.com

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