Ad blocking detected

Thank you for visiting We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

SugarBud Appoints Saeid Mobini, Ph.D. as Master Cultivator and Craig Kolochuk to Its Board of Directors

TSX-Venture Exchange: SUGR, SUGR.WT

CALGARY, Alberta, Dec. 05, 2018 (GLOBE NEWSWIRE) -- SugarBud Craft Growers Corp. (“SugarBud” or the “Company”) is pleased to announce that it has appointed Saeid Mobini, Ph.D. as Master Cultivator and Mr. Craig Kolochuk, President and Chief Executive Officer of the company, to its Board of Directors.

Dr. Mobini holds a Ph.D. in Horticulture and Agricultural-Biotechnology with a focus on aeroponics, soilless and tissue culture and plant breeding. Most recently, Dr. Mobini was a greenhouse specialist at the Alberta Agriculture and Forestry Ministry where he focused on LED lighting applications in commercial scale aeroponic and hydroponic systems. Prior thereto, Dr. Mobini was a postdoctoral fellow and research officer at the University of Saskatchewan, where he developed innovative concepts for improving indoor crop growth and production.

Dr. Mobini has identified highly effective combinations of LED spectrum, undertaken extensive plant breeding programs, and developed state-of-the-art aeroponics systems intended to maximize cannabinoid and terpene profiles, plant quality and yields.

“We couldn’t be happier that Dr. Mobini has elected to join the SugarBud team. Dr. Mobini is a member of the Canadian Cannabis Breeding Consortium ( who brings unparalleled passion and dedication to cannabis horticulture. We expect that Dr. Mobini will add significant value in our quest to grow hand-crafted, select-batch, ultra-premium bud,” stated Mr. Kolochuk.

SugarBud is also pleased to announce that it has appointed Mr. Kolochuk to its Board of Directors. Mr. Kolochuk joined SugarBud as President in April 2018 and assumed the role of President and Chief Executive Officer in August 2018.

Mr. Dan Wilson, SugarBud’s Chairman, stated: “Craig has been instrumental to SugarBud’s success to date. His continued leadership and dedication to SugarBud will ensure that we execute on our business plan and capitalize on other high-impact initiatives for the benefit of our shareholders”.

About SugarBud Craft Growers Corp.

SugarBud is a Calgary based emerging cannabis company engaged in the development, acquisition, production and distribution of cannabis in Canada.

For further information regarding this news release, please contact:

Craig Kolochuk
President & Chief Executive Officer
SugarBud Craft Growers Corp.
Phone: (403) 875-5665
Jeff Swainson
Chief Financial Officer
SugarBud Craft Growers Corp.
Phone: (403) 796-3640

Investor Relations Contact
Gary Perkins, President
Tekkfund Capital Corp.
Tel: (416) 882-0020


Address: Suite 620, 634 - 6th Avenue S.W., Calgary, Alberta T2P 0S4
Telephone: 403-532-4466
Fax: 587-955-9668

Forward Looking and Cautionary Statements

This news release may include forward-looking statements including opinions, assumptions, estimates, the Company’s assessment of future plans and operations, and, more particularly, statements concerning the performance of key staff members. When used in this document, the words “will,” “anticipate,” “believe,” “estimate,” “expect,” “intent,” “may,” “project,” “should,” and similar expressions are intended to be among the statements that identify forward-looking statements. The forward-looking statements are founded on the basis of expectations and assumptions made by the Company which include, but are not limited to, receipt of bids in respect of the sale of its oil and gas assets. Forward-looking statements are subject to a wide range of risks and uncertainties, and although the Company believes that the expectations represented by such forward-looking statements are reasonable, there can be no assurance that such expectations will be realized. Any number of important factors could cause actual results to differ materially from those in the forward-looking statements including, but not limited to: regulatory and third party approvals not being obtained in the manner or timing anticipated; changes in general market conditions; industry conditions and events; competition from other industry participants; and other factors more fully described from time to time in the reports and filings made by the Company with securities regulatory authorities. Please refer to the Company’s annual information form (“AIF”) for the year ended December 31, 2017 and management’s discussion and analysis (“MD&A”) for the three and nine months September 30, 2018 for additional risk factors relating to the Company. The AIF and MD&A can be accessed under the Company’s profile on

Except as required by applicable laws, the Company does not undertake any obligation to publicly update or revise any forward-looking statements.

Neither the TSXV nor its regulation services provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

Comment On!

Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to (via Easy Blurb).