Braingrid Names New Chief Financial Officer

 Braingrid Corporation (“Braingrid”) is pleased to announce that it has appointed Mr. Douglas Harris, MBA, CPA, CA, as its Chief Financial Officer (“CFO”).

Mr. Harris holds an MBA from the Rotman School of Management – University of Toronto, a BSc from the University of Guelph and the CPA, CA and CBV designations. Prior to joining Braingrid, Mr. Harris enjoyed a rich and varied career amassing over 25 years’ experience in corporate finance, private equity investing, business valuation and financial operations both as an executive and a board member.

Mr. Michael Kadonoff, CEO of Braingrid remarked, “The Braingrid executive team and Board of Directors are excited to welcome Mr. Harris, a highly accomplished financial executive to our company. Mr. Harris’ financial acumen, M&A expertise and significant capital markets experience are precisely what the company needs to help guide us through our public listing and grow the company.”

“I am delighted to be stepping into this role at such an exciting time for Braingrid,” said Mr. Harris. “The company is poised to take advantage of many significant opportunities in the rapidly growing cannabis sector. In addition, I look forward to working with the team to actively pursue M&A opportunities and integrating complementary acquisitions into Braingrid.”

About Braingrid:

Braingrid is a Toronto based company that provides an affordable, versatile and quick-to-install sensor platform for cannabis cultivators. Braingrid captures real-time data needed to increase revenues, reduce costs and risks, and connects cultivators to their grow on a microclimate level.

FORWARD-LOOKING INFORMATION

This news release includes forward-looking information and statements, which may include, but are not limited to, information and statements regarding or inferring the future business, operations, financial performance, prospects, and other plans, intentions, expectations, estimates, and beliefs of Braingrid.  Information and statements which are not purely historical fact are forward-looking statements.  Forward-looking information and statements involve and are subject to assumptions and known and unknown risks, uncertainties, and other factors which may cause actual events, results, performance, or achievements of Braingrid to be materially different from future events, results, performance, and achievements expressed or implied by forward-looking information and statements herein.  Such forward looking statements include statements regarding a potential public listing and completion of potential M&A activities. Although Braingrid believes that any forward-looking information and statements herein are reasonable, in light of the use of assumptions and the significant risks and uncertainties inherent in such information and statements, there can be no assurance that any such forward-looking information and statements will prove to be accurate, and accordingly readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance upon such forward-looking information and statements.  Any forward-looking information and statements herein are made as of the date hereof, and except as required by applicable laws, Braingrid assumes no obligation and disclaims any intention to update or revise any forward-looking information and statements herein or to update the reasons that actual events or results could or do differ from those projected in any forward-looking information and statements herein, whether as a result of new information, future events or results, or otherwise, except as required by applicable laws.