New Leaf Ventures Inc. announced the appointment of Mr. Dean Medwid as CEO and Director following the resignation of Mr. Michael Stier. Mr. Medwid formerly held the position of President and Chief Operating Officer of New Leaf Ventures Inc. Alongside this change, Mr. Christopher Cooper and Mr. Daryn Gordon have also tendered their resignations as members of New Leaf's board of directors. New Leaf has appointed Mr. Ryan Arthur to the board of directors and as Corporate Secretary.

These changes reflect the Company's commitment to growth, innovation, and strategic vision. Additionally, Mr. Jason Garnett will continue with his role as Director and CSO for New Leaf and provide the needed continuity to maintain the momentum that the Company has created since his appointment. Mr. Arthur is currently the President of CR7 Investments Inc., which actively identifies prospective ventures for strategic investment, and technical partnerships, fostering their growth and prosperity.

With a rich and diverse background encompassing retail, mining, Cannabis, industrial, and technology sectors, he brings a wealth of expertise to the table. Demonstrating his prowess in capital markets, Mr. Arthur has been instrumental in raising capital for numerous public companies. Additionally, his leadership extends to directorial positions at Nova Lithium Corp.

and ISM Resources Corp.