TORONTO--(BUSINESS WIRE)--PRESS RELEASE--Vinzan International Inc., a Toronto-based cannabis trading company, has announced the appointment of Donald Stewart as Chief Financial Officer. Donald brings 20 years of leadership experience in capital markets to Vinzan International as they prepare for their 2019 initial public offering. Donald comes to Vinzan International after nearly 12 years as Executive Director at Morgan Stanley Canada where he led the firms international trading business.
“We are thrilled to welcome one of Canada’s top international trading executives to lead our capital markets team.” said Vinzan International CEO Brian Armstrong. “With our IPO quickly approaching, adding an experienced leader with Donald’s business acumen is exactly what Vinzan International needed as we transition into publicly traded markets.”
Vinzan International is building world-class food and pharma grade extraction facilities in Colombia and Southeast Asia and has 280,000kg of THC/CBD production allocated through multi-year supply agreements with international partners. By applying a 150-year old business model used by the world’s largest agriculture companies, Vinzan has positioned itself to be a leader in the global cannabis market.
“For years I have been watching the evolution of the global cannabis market and I am pleased to be joining one of the most innovative and forward-thinking cannabis teams in the sector,” said Donald Stewart, CFO “Vinzan International embraces cannabis as a commodity and we have a proven long-term plan to capitalize on this emerging global market.”
Vinzan International is building a strong global team with years of experience in cannabis, international commodity trading, corporate governance and capital markets. With over 300 contract farmers and employees across 4 countries, Vinzan International is quickly becoming the cannabis company to watch in 2019.
“We are entering into an age of accountability in the cannabis sector as investors are looking for sound business fundamentals and bottom line profitability.” said Armstrong. “Adding a person with Donald Stewart’s experience to our team reinforces our commitment to delivering value and strong year-1 profitability for our shareholders.”
