On January 20, 2020 ­ Osoyoos Cannabis Inc. announced that the Company's board of directors has accepted the resignation of Ernie Eves as a director of the Company and has appointed Graham Simmonds, Tyler Devenyi and Larry Horwitz to serve as directors of the Company, all effective January 16, 2020. The Company's board currently consists of six directors. Osoyoos also reports that its board of directors has appointed Graham Simmonds to serve as the Company's new CEO, effective January 16, 2020.

Gerry Goldberg, who previously served as Interim CEO and Executive Chairman, will continue to serve as the Company's Executive Chairman. Mr. Simmonds is an entrepreneur with a diverse background in consumer-driven businesses. He has founded and taken public three companies over the past 15 years in the gaming, cannabis and financial technology sectors.

He has over 20 years of experience in public company management and business development projects within both the gaming and technology sectors. Mr. Devenyi has been the COO of Osoyoos since October of 2018. Mr. Horwitz has practiced corporate securities law for many years representing private and public issuers of securities primarily in the United States, but also internationally including companies operating in Canada, China and Israel.

Mr. Horwitz was a founder and board member of the NADSAQ National Market System oil and gas company Beta Oil & Gas Inc.