CannAmerica Brands Corp. announced that Frank Falconer, the Company's former Chief Operating Officer, has been appointed as Chief Commercial Officer ("CCO"). In his new role, Mr. Falconer will focus on expanding the licensing footprint controlled by the brands of the Company along with leading the overall worldwide development of the organization into new markets.

Additionally, the Company announced that Paul Ciullo has been appointed as Chief Financial Officer ("CFO") effective March 1, 2019. Mr. Ciullo's appointment fills a vacancy created by the resignation of Jon Morrison on February 28, 2019. Mr. Ciullo's most recent roles include serving as the CFO of a cryptocurrency mining company and an information technology services organization.