Kiaro Holdings Corp. announced that Daniel Petrov has decided to step down as Chairman of the Board. Additionally, the company announced the appointment of Mr. David Jenkins to the Board of Directors.

Mr. David Jenkins is a global financier and works with high networth individuals. He has extensive experience in public markets and has helped secure millions of dollars in capital in mining. He is a highly regarded expert in negotiating, marketing and advertising.

Mr. Jenkins has completed hundreds of multimillion dollar deals throughout his career demanding top price for assets in all market conditions. Mr. Jenkins leverages in depth market knowledge to cater the sale of valuable assets to buyers throughout the world. Based in Vancouver, British Columbia, Kiaro is an independent, omni-channel cannabis retailer and distributor.

Through existing storefronts across British Columbia, Saskatchewan, and Ontario, and with the completion of the recent acquisition of Hemisphere Cannabis from Aegis Brands, Kiaro has 17 stores with another two expected in the fourth quarter of this fiscal year. This is in addition to its wholesale distribution division servicing Saskatchewan, and ecommerce sites in Canada, the US and Australia. Kiaro is driven to introduce new and experienced consumers to a lifelong exploration of cannabis.

With more than 70 years of collective retail and wholesale focused experience, Kiaro's leadership team has a proven track record of executing on acquisitions and financings, and moreover growing brands across North America. The company plans to continue its growth trajectory through its consumer-centric retail, ecommerce, and wholesale distribution segments over the coming years.