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DETROIT, Sept. 17, 2019 /CNW/ – Wolverine Partners Corp. (d.b.a. Gage Cannabis Co.) (the “Company” or “Gage”), a single of Michigan’s top craft cannabis and brand platforms, right now announced the proposed alter of its corporate name to Gage Development Corp. and addition of Bruce Linton, who will be appointed to the function of Executive Chairman. The adjustments are anticipated to be produced helpful in connection with the closing of Gage’s proposed acquisition of Rivers Innovations Inc. (“Innovations”).

Wolverine Partners Corp./Gage Development Corp. appoints Bruce Linton as Executive Chairman

Bruce Linton will join Gage following his business pioneering tenure as founder and CEO of Canopy Development Corporation (“Canopy”) (TSX: WEED), (NYSE: CGC), which established itself as a single of the world’s top health-related and recreational cannabis corporations beneath his entrepreneurial leadership. Bruce led Canopy from its inception, and grew the organization to becoming a $20 billion enterprise, employing more than four,000 individuals, operating in extra than a dozen nations, and executing in excess of $six billion in financing and strategic transactions. As a single of the industry’s most recognized worldwide believed leaders, Mr. Linton has been credited with assisting to establish Canada’s medical and recreational cannabis markets, and playing a contributing function in the emergence of regulated cannabis markets about the planet.

Bruce Linton mentioned:

“I can not express how excited I am to be joining the Gage group and loved ones.  Gage’s strategy to the cultivation, processing and provisioning of good quality cannabis goods and brands has established them as a leader in the state of Michigan. I appear forward to leveraging my partnership networks and experiences to play a substantial function with Gage as they continue to accelerate their expansion all through the state.”

Fabian Monaco, President of Gage mentioned:

“Bruce brings unrivaled cannabis business encounter and a verified track record of achievement to our organization. With his insight and leadership, we count on to improve the help we supply our health-related sufferers about the state of Michigan. Bruce’s vigor, expertise, and passion for this enterprise will be essential drivers in continuing Gage’s development all through Michigan and beyond.”

The appointment of Mr. Linton will be produced in connection with the Company’s agreement to obtain Innovations, an investment automobile formed to invest and companion strategically with private organization operators in the US cannabis sector. Mr. Linton will assume the responsibilities of his function at Gage right away upon completion of the acquisition.

Completion of the acquisition of Innovations is anticipated in early October and is topic to, amongst other factors, execution of mutually agreeable definitive agreements and the satisfaction or waiver of any circumstances precedent to the consummation of the transaction (like the receipt of any requisite regulatory and shareholder approvals).

ABOUT WOLVERINE PARTNERS CORP. (d.b.a. GAGE CANNABIS CO.)

Wolverine Partners Corp. (d.b.a. Gage Cannabis Co.) is an business innovator, curating higher-good quality cannabis experiences for sufferers in the state of Michigan and bringing internationally renowned brands to market place. By way of years of progressive business encounter in regulated cannabis markets, Gage’s group of founding partners have effectively constructed and created operations in numerous states and nations, like cultivation, processing and retail organizations in each health-related and adult-use markets. Gage’s existing portfolio incorporates a assortment of exclusive brands that are supported and distributed by means of the Company’s city and state authorized 19 “Class C” cultivation licenses, three processing licenses and 13 provisioning centers.

To discover extra, please stop by GageUSA.com.

Supply Wolverine Partners Corp. (d.b.a. Gage Cannabis Co.)

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