Psychedelics Wellness Company Delic: Proven Management Team with a Star-Studded Board
Whitefish, Montana--(Newsfile Corp. - April 6, 2021) - CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the leading media network dedicated to the global legal cannabis, CBD and psychedelics industries, today announced an article covering The Delic Holdings Inc. (CSE: DELC) (OTCQX: DELCF).
The Delic Holdings Inc.
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The psychedelics sector is quickly evolving into a multi-billion-dollar industry with a growing number of publicly traded companies. As with any new industry, there are many companies backed by little more than financiers looking to make a quick dollar before moving on to the next opportunity, which makes it important for investors to know who's at the helm.
Let's take a look at what sets Delic Holdings Inc.'s (CSE: DELC) (OTCQB: DELCF) management team apart and why its board members represent a strong vote of confidence in the team and business over the long-term.
Delic was founded by veterans from the cannabis industry-another highly-regulated industry that went from zero to billions of dollars in just a handful of years.
Co-Founders Matt and Jackee Stang were executives at High Times, a leading counterculture publication that became the voice for the cannabis industry. In fact, the monthly magazine had a circulation of over 500,000 copies an issue, rivaling Rolling Stone, and its website attracted 500,000 to five million users each month by 2014 as cannabis took off.
Matt Stang was a previous owner and operator of High Times, was instrumental in legalizing cannabis in multiple states and launched the Cannabis Cup in America. After interacting with all corners of the cannabis community for two decades, he helped found Delic two years ago as one of the first psychedelic corporations. His expertise in marketing, branding, business development and product viability will prove invaluable as he shapes the company's vision and path.
Most recently, John Coleman, Ph.D., former President of Anandia Labs, a cannabis biotech company focused on genetics and analytics, was hired as VP of Business Development. With a foot in both corporate and scientific worlds, Dr. Coleman is well-equipped to head up the company's business development efforts as it looks to enter new vertical markets.
The company also recently hired Zak Garcia, former CMO of Bulletproof Inc., maker of the well-known Bulletproof® Coffee brand, as its Chief Marketing Officer. Mr. Garcia is a highly sought-after marketing and leadership strategist that helped grow Bulletproof® Coffee to over $250 million in revenue-experience that will help bring Delic to the next level of growth.
Renowned Billion-Dollar Backers
Delic's management team is supported by an impressive Board of Directors that reads like a who's who of success stories in cannabis and other industries.
Paul Rosen founded the $4 billion Cronos Group and orchestrated the famous $1.8 billion Altria stake that kicked off the industry's meteoric growth.
Kraig Fox was a Senior Managing Director at Guggenheim Partners and later served as President and CEO of High Times. The involvement of these industry icons alone represents a big vote of confidence in the management team.
Mr. Rosen and Mr. Fox are joined by entrepreneur and venture capitalist Martin Tobias, finance veteran Sashko Despotovski and Dr. Markus Roggen, Founder and CEO of Complex Biotech Discovery Ventures. On the board of advisors, investors will find best-selling author Shep Gordon, Apollo Neuroscience Founder Dave Rabin and other leading voices.
The company's well-known and respected board members provide a vote of confidence in the management team, valuable connections to grow its businesses and expertise that can be called upon to help make strategic decisions. With a wide range of expertise and disciplines, these team members could be invaluable in building long-term shareholder value.
Delic Holdings Inc. (CSE: DELC) (OTCQB: DELCF) is well-equipped to grow with its veteran executive team and its star-studded board of directors and advisors. With the right team in place, the company has been actively making acquisitions to become a strategic and diversified player in the nascent psychedelics industry today and well into the future.
About CFN Enterprises Inc.
CFN Enterprises Inc. (OTCQB: CNFN) is a digital media and ecommerce company focused on advancing businesses and brands in highly regulated emerging industries across the globe. CFN connects investors with new market opportunities while helping consumers find innovative products that enhance their lives. Learn more at www.cfnenterprisesinc.com.
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Use of Forward-looking Statements
This press release may contain forward-looking statements from CFN Enterprises Inc. within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and federal securities laws. For example, when CFN Enterprises Inc. describes Delic's business, and uses other statements containing the words "believes," "anticipates," "plans," "expects," "will" and similar expressions, CFN Enterprises Inc. is using forward-looking statements. These forward-looking statements are based on the current expectations of the management of CFN Enterprises Inc. only, and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: regulatory and licensing risks; changes in general economic, business and political conditions, including changes in the financial markets; the regulatory landscape and enforcement related to cannabis, including political risks and risks relating to regulatory change; changes in applicable laws; compliance with extensive government regulation; public opinion and perception of the cannabis industry; we may be unable to retain or attract key employees whose knowledge is essential to the development of our products and services; or, loss of market share and pressure on pricing resulting from competition, which could cause the actual results or performance of CFN Enterprises Inc. to differ materially from those contemplated in such forward-looking statements. Except as otherwise required by law, CFN Enterprises Inc. undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. For a more detailed description of the risk and uncertainties affecting CFN Enterprises Inc., reference is made to CFN Enterprises Inc.'s reports filed from time to time with the Securities and Exchange Commission.
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