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Recruiting Industry Experts is Key to Success for Cannabis Companies

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The cannabis industry is seen by professionals as one of the most exciting fields to participate in, with many companies attracting some of the brightest industry experts to join them. Agraflora Organics International (CSE:AGRA) (OTC:PUFXF), National Access Cannabis Corp (CSE:META) (OTC:NACNF), CBD Unlimited, Inc (CSE:EDXC) (OTC:EDXC), FSD Pharma Inc (CSE:HUGE) (OTC:FSDDF) and Chemistree Technology Inc(OTC:CHMJF) (CSE:CHM) have all been working hard to sign on cannabis experts in an effort to gain a competitive advantage over their competition.

As the relatively young cannabis industry continues to mature, one of the best predictors of whether a company will survive in the years to come is the strength of its management team. With becoming increasingly fierce, companies led by management teams with plenty of experience – drawn from both within and outside the cannabis industry – have historically had the best likelihood of success. While every company strives to enlist top cannabis industry veterans – the truth of the matter is, these individuals are a rare find. The addition of experts to any cannabis company not only is a big deal in terms of publicity, but also a strong indicator of future success.

The Importance of Experienced Management Teams

The sheer growth potential of the cannabis industry has attracted some of the best executive talents across the world. According to Grand View Research, marijuana is predicted to become a $146.4 billion market globally by 2025, representing a 34.6 percent increase every year. With such growth opportunities available, it’s not surprising why many executives from Fortune 500 companies chose to leave their safe and conventional career paths to take a risk in the cannabis sector.

Recent Expert Partnerships

Cannabis companies are bringing in experts from diverse backgrounds. Depending on the type of cannabis company, the list of experts includes professionals ranging from cannabis market veterans to retail and healthcare professionals, and even law enforcement. The board of Agraflora Organics International Inc (CSE:AGRA) (OTCMKTS:PUFXF) boasts twolongtime Toronto Police officers on their management team. While, FSD Pharma Inc (CSE:HUGE) (OTCMKTS:FSDDF) is headed by physician turned entrepreneur, Dr. Dr Raza Bokhari, Executive Co-Chairman & Interim CEO.

As such, it’s not surprising that cannabis companies go out of their way to partner with high profile figures. Last month, Aurora Cannabis Inc announced it was partnering with billionaire Nelson Peltz. The relationship would help the cannabis giant better position itself for potential retail partnerships.

A much smaller company, Chemistree Technology Inc (OTCQB:CHMJF) (CSE:CHM), recently made news as well when it signed on legendary cannabis industry veteran Nicholas J. Zitelli – known within the industry by his pen name “Nico Escondido”. As one of the most knowledgeable experts in the cannabis space, Nico Escondido has written hundreds of articles about the cannabis industry and best practices. He also founded the Cannabis Genetics Institute (CGI) in AmsterdamHolland, helping create custom cannabis strains to treat various medical conditions. Besides all of this, Nico Escondido is best known for being a principal at the High Times brand.

With a monthly magazine in publication since 1974, High Times is one of the best-known groups promoting and developing the cannabis culture. Publishing numerous books and documentaries, High Times also hosts the most prestigious marijuana-related competition in the world. The “Cannabis Cup” brings together industry experts, cannabis enthusiasts, and marijuana companies together across the world and holds contests in various product categories.

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“I am very excited to join the Chemistree team” said Nico Zitelli in a press release. “Having known and worked with many of the team members in the past, I am confident we will be able build significant value in the Company and help define the future of the cannabis industry.”

For a company like Chemistree Technology Inc (CHMJF) (CHM), getting Zitelli on board is a big deal. As an early investor in the international cannabis sector that’s expanding their vertically integrated operations, the addition of Nico Zitelli to Chemistree Technology Inc (CHMJF) (CHM) will give the company the industry clout it needs to stand out in the market.

“As Chemistree continues its focus on building one of the world’s leading cannabis companies, it is critical to have an experienced board to put us in the best possible position to achieve success.  These are exciting times for Chemistree and Nico represents another outstanding addition to our board of directors on our path of rapid growth,” added Chemistree Technology Inc (CHMJF) (CHM) President Karl Kottmeier. “The High Times Cannabis Cup is the most prestigious and extensive cannabis-related competition in the world and having his broad knowledge/specialized expertise, impressive network and reputation will be invaluable assets to the Company’s strategic direction.”

It’s common for massive, multi-billion-dollar cannabis companies to boast impressive hires within the industry. Chemistree Technology Inc (CHMJF) (CHM), on the other hand, is a company with less than $20 million in market capitalization. The fact that this small cannabis company has signed on one of the top industry experts in cannabis is a major accomplishment for the firm. In comparison, few other companies of a similar size can expect such a major name to come on board – something that will propel Chemistree Technology Inc (OTCQB:CHMJF) (CSE:CHM) to a class well above its peers.

Further Cannabis Developments

Back in late March, Agraflora Organics International Inc (CSE:AGRA) (OTCPK:PUFXF) announced they had fully invested a $40 million equity participation agreement with Delta Organic Cannabis Corp. The agreement would see Agra own a 50 percent stake in the second largest cannabis greenhouse in Canada.

In a recent press release, National Access Cannabis Corp (CSE:META) (OTCPK:NACNF)  announced their financial figures for their operations since federal legalization. The company achieved over $20 million in retail sales since October 17, 2018. National Access Cannabis has 23 stores across Alberta and Manitoba and is the largest private cannabis retailer in the country. The company is headed by a team with years of experience in retail and healthcare.

Todd A. Davis, Co-Founder and CEO of CBD Unlimited, Inc (CSE:EDXC) (OTCPK:EDXC), formerly known as Endexx Corporation,  brings to the team years of experience in investment banking and entrepreneurship. The company has recently employed a private sales group to help expand the company’s product reach both in Canada as well as internationally. Initially launching as a 25-person sales team, CBD Unlimited is expected to grow this salesforce to up to 500 in the next two years.

Another cannabis company that made a major management team announcement was FSD Pharma Inc (CSE:HUGE) (OTCQB:FSDDF). In a recent press release, the company announced that Dr. Charles Pollack would be joining FSD as the Chairman of their Scientific Board. He brings a long history of clinical research in the areas of pain treatment, thrombosis, and reversing anticoagulation.

For a free research report on Chemistree (CSE:CHM) (OTC:CHMJF), visit potstocknews.com

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Disclaimer: Potstocknews.com (PSN) is the source of the Article and content set forth above. References to any issuer other than the profiled issuer are intended solely to identify industry participants and do not constitute an endorsement of any issuer and do not constitute a comparison to the profiled issuer. FN Media Group (FNM) is a third-party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated with PSN or any company mentioned herein. The commentary, views and opinions expressed in this release by PSN are solely those of PSN and are not shared by and do not reflect in any manner the views or opinions of FNM. Readers of this Article and content agree that they cannot and will not seek to hold liable PSN and FNM for any investment decisions by their readers or subscribers. PSN and FNM and their respective affiliated companies are a news dissemination and financial marketing solutions provider and are NOT registered broker-dealers/analysts/investment advisers, hold no investment licenses and may NOT sell, offer to sell or offer to buy any security.

The Article and content related to the profiled company represent the personal and subjective views of the Author (PSN), and are subject to change at any time without notice. The information provided in the Article and the content has been obtained from sources which the Author believes to be reliable. However, the Author (PSN) has not independently verified or otherwise investigated all such information. None of the Author, PSN, FNM, or any of their respective affiliates, guarantee the accuracy or completeness of any such information. This Article and content are not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action; readers are strongly urged to speak with their own investment advisor and review all of the profiled issuer’s filings made with the Securities and Exchange Commission before making any investment decisions and should understand the risks associated with an investment in the profiled issuer’s securities, including, but not limited to, the complete loss of your investment. FNM was not compensated by any public company mentioned herein to disseminate this press release but was compensated forty five hundred dollars by PSN, a non-affiliated third party to distribute this release on behalf of Chemistree Technology Inc.

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This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and PSN and FNM undertake no obligation to update such statements.

 

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Omada Announces Investment from GRO and Kirk Kapital to Drive Next Phase of Growth and Innovation in Identity Governance

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COPENHAGEN, Denmark, April 29, 2025 /PRNewswire/ — Omada A/S (“Omada”), a global leader of Identity Governance and Administration (IGA) software, announced a new phase in its partnership with existing investor GRO, which, together with Kirk Kapital, will take a majority ownership position to support Omada’s continued expansion and innovation.

Omada offers a scalable, AI-driven identity governance solution that enables enterprises to manage who has access to which systems and applications with confidence. Omada’s cloud-native, multi-tenant platform simplifies identity management, enhances security, and facilitates compliance – empowering organizations to manage complex identity workflows with greater efficiency and precision.

Enhanced cybersecurity through scalable identity governance

As digital ecosystems grow in complexity and regulatory requirements increase, identity governance plays a critical role in protecting sensitive data and achieve compliance. Omada’s AI-powered solution helps organizations reduce their attack surfaces and maintain real-time visibility into user access, strengthening both enterprise security and operational resilience.

Today, Omada supports enterprise customers across Europe and North America, providing the foundation for identity lifecycle management, enabling organizations to advance their cybersecurity, compliance, automation and business transformation goals. Focused on simplifying IGA, Omada delivers a streamlined, cost-effective approach built on code-free configuration, future-ready cloud architecture, and intuitive workflows. As a result, customers typically realize value in just 90 days, reduce provisioning time by 80%, and cut help desk tickets by 60%.

The investment, led by GRO Fund III as lead investor together with Kirk Kapital and other co-investors, including the Private Equity Group of J.P. Morgan Asset Management and P+, provides a full exit to CVC Growth Funds and GRO Fund II, and will accelerate Omada’s global growth strategy. The company will continue to scale through AI-driven product innovation and go-to-market expansion, building on its momentum as a globally recognized category leader, as acknowledged by leading industry analysts.

Michael Garrett, CEO of Omada, said: “This marks an exciting new chapter for Omada. With the continued backing of GRO and the addition of Kirk Kapital, we’re positioned to accelerate our global growth, double down on innovation in AI, machine identity and other focus areas, and explore strategic M&A opportunities. We’re thrilled to strengthen our partnership with GRO as we scale our vision for the future of identity governance.”

Lars Dybkjær, Managing Partner at GRO, said: “Omada is a true category leader in identity governance and a standout asset within our core thematic focus on cybersecurity software, exemplifying the kind of innovation and ambition we’re proud to back. With AI becoming critical to enterprise security, Omada is poised to take a leading role in shaping the industry’s future. We’re excited to deepen our partnership and support the company’s continued growth, innovation, and strategic expansion.”

Kim Gulstad, CEO of Kirk Kapital, said: “We’re delighted to join Omada and support its continued growth alongside GRO. Omada’s leadership in identity governance, strong European roots, and global ambitions align well with our long- term investment approach. We see tremendous potential in the company’s continued innovation in AI and are excited to be part of this next chapter.”

Sebastian Kuenne, Partner at CVC, said: “Omada has grown into a category leader in IGA, with a robust cloud – native platform and a differentiated approach to managing identity at scale for the most complex of enterprises. We are grateful to have been part of this journey and look forward to Omada’s continued success.”

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The transaction remains subject to customary regulatory approvals.

About Omada
Omada, a global market leader in Identity Governance and Administration (IGA), offers a full-featured, cloud-native IGA solution that enables organizations to achieve compliance, reduce risk, and maximize operational efficiency. Founded in 2000, Omada specializes in simplifying IGA, delivering innovative identity management solutions for complex hybrid environments, based on a proven best practice process framework and a streamlined deployment approach.

For more information about Omada, please visit omadaidentity.com and www.linkedin.com/company/omada-as/.

About GRO
GRO is a leading Northern European private equity firm with an exclusive focus on B2B software companies with strong growth prospects. GRO serves as an active owner developing portfolio companies with a view to creating long-term value. The partners behind GRO have been investors in more than 25 technology and software related companies and GRO has approximately EUR 1.2bn in AUM.

For more information about GRO, please visit www.grocapital.dk and www.linkedin.com/company/gro-capital

About Kirk Kapital
Kirk Kapital is a family-owned investment company that manages capital with a long-term focus on strategic minority investments in market-leading companies in Scandinavia, along with a diversified portfolio of financial investments. The company has its headquarters in Vejle and was established by the Kirk Johansen family, descendants of LEGO founder Ole Kirk Christiansen. Kirk Kapital has 17 active strategic investments and manages approximately EUR 3.5bn in AUM.

For more information about Kirk Kapital, please visit www.kirkkapital.dk and www.linkedin.com/company/kirkkapital/

About CVC
CVC is a leading global private markets manager with a network of 30 office locations throughout EMEA, the Americas, and Asia, with approximately EUR 200bn of assets under management. CVC has seven complementary strategies across private equity, secondaries, credit and infrastructure, for which CVC funds have secured commitments of over EUR 260bn from some of the world’s leading pension funds and other institutional investors. Funds managed or advised by CVC’s private equity strategy are invested in approximately 140 companies worldwide, which have combined annual sales of over EUR 168bn and employ over 600,000 people.

For further information about CVC, please visit: https://www.cvc.com/ and https://www.linkedin.com/company/cvc-capital-partners/

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The future of real estate transactions has arrived: Anyone.com launches in the U.S.

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Anyone is not a listing site. It is the first digital transaction facilitator for real estate.

NEW YORK, April 29, 2025 /PRNewswire/ — Real estate remains one of the last multi-trillion-dollar industries still dependent on outdated tools, fragmented workflows, and manual coordination. Today, that changes.

Anyone.com launches in the United States, the Netherlands, the United Kingdom, and several other international markets — introducing a fully digital, end-to-end transaction platform that empowers buyers, sellers, and agents alike.

With access to over 31 million properties for sale worldwide and a database of 4.6 million realtors, Anyone.com brings together every stakeholder in the real estate process — all within one seamless interface.

From first viewing to final signature all in one platform

While traditional platforms focus only on listings, Anyone.com connects the full transaction journey: buyers, sellers, agents, home inspectors, mortgage advisors, and notaries can now collaborate digitally in a single, integrated space.

“We’ve basically built the Uber of real estate.” says Reza Sardeha, founder of Anyone.com. “The entire transaction — from finding the right home and agent to submitting offers and signing is now handled in one digital workflow.”

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What Anyone.com offers:

  • Fully digital transactions — From scheduling viewings to making offers and closing deals online.
  • AI-powered agent matchmaking — Buyers and sellers are matched with the most relevant agents using 12+ billion data points.
  • Centralized communication — All conversations, documents, and updates are managed in one place. No more juggling tools.
  • Access to over 300 million property data points — Make data-driven decisions with real-time insights into homes and neighborhoods.
  • Truly international platform — With listings from across the globe and local agent expertise, Anyone supports both domestic and cross-border buyers and sellers.

Trusted by real estate agents worldwide

Real estate agents from around the world are already using Anyone.com to streamline their workflows and better serve clients — including professionals from Germany, France, Canada, Australia, India, Sweden, the United Arab Emirates, Netherlands, Italy, Belgium, Spain, Finland, Switzerland, Poland, Portugal, Ireland, and Austria.

Global property access

Buyers can already find homes for sale in the United States, Canada, United Kingdom, Portugal, Greece, Netherlands, Switzerland, Poland, Belgium, Ireland, and more. Over the coming weeks, Anyone will expand its listings coverage in each of these markets, aiming to grow from 84% to near-complete coverage (99.99%) of all active listings.

A new take on home financing

Anyone is also developing an innovative mortgage product called the Anyone Mortgage for over two years now, launching in 2026. Designed for first-time buyers and underserved segments, the model aims to make homeownership more accessible by lowering the financial barrier to entry by almost 50%.

About Anyone.com

Anyone.com was founded by the team behind Dan.com — a digital asset marketplace acquired by GoDaddy in 2022. Leveraging deep expertise in simplifying complex digital transactions, the Anyone team has now turned its focus to one of the most important and antiquated industries: real estate.

By building the world’s first truly integrated transaction platform for buying and selling homes, Anyone is reshaping the way people access property — making real estate faster, smarter, and more inclusive for everyone.

www.anyone.com

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Nucleus Synapse 2025 Ignites the Human-AI Alliance as the Middle East Leads the Charge in AI-Powered Banking

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DUBAI, UAE, April 29, 2025 /PRNewswire/ — The Middle East isn’t just adopting digital transformation—it’s engineering the future of banking with bold leadership, smart regulation, and rapid AI investment. It is in this spirit of transformation that Nucleus Software convened Synapse 2025 – Middle East, held at the iconic Taj Exotic Resorts, The Palm, Dubai, uniting visionary banking leaders, technologists, and innovators to shape the Human-AI Alliance. More than just a gathering, Synapse 2025 was a catalyst for dialogue, strategy, and co-creation—anchored in the belief that the fusion of human insight and AI is the foundation of next-generation finance.

Mr. Vishnu R. Dusad, Managing Director & Co-founder of Nucleus Software, opened the event with an inspiring address that beautifully captured the spirit of the gathering—a celebration of enduring partnerships, innovation, and shared aspirations. With heartfelt reflections on Nucleus Software’s journey and a forward-looking vision rooted in technological purpose and human-centric progress, his words set a thoughtful and energizing tone for the day, reminding everyone of the power of collaboration in shaping the future of banking. “At Nucleus, we are committed to building solutions that are not just future-ready but future-defining,” he shared. “The Middle East is leading this transformation—bold, visionary, and driven by clear ambition. We are honoured to contribute to this journey.”

A compelling keynote was delivered by Mr. Jamal Saleh, Director General of the UAE Banks Federation (UBF), whose address illuminated the UAE’s transformative journey in digital finance. Highlighting the expansion of UBF from 46 to 62 member banks—now representing nearly the entire balance sheet of the UAE banking sector—Mr. Saleh reaffirmed the Federation’s leadership in driving regulatory innovation and AI adoption. Citing over 40 nationwide banking transformation initiatives inspired by His Highness Sheikh Mohammed bin Rashid Al Maktoum’s mobile-first government vision, Mr. Saleh underscored that “AI is no longer a buzzword—it is becoming the bloodstream of modern banking.” He emphasized the essential role of cybersecurity, trusted regulations, and human oversight in this evolution, and projected with confidence that the UAE would exceed its goal of doubling the digital economy’s GDP contribution by 2030—with partners like Nucleus Software playing a crucial role.

The day’s dialogue was further enriched by two dynamic panel discussions. In the business-focused session, thought leaders Shoaib Rizvi (SVP, Group Head of Digital Products, Emirates NBD), Sudarshan Seshadri (Head of Retail Banking, National Bank of Umm Al Qaiwain), Ahmed Mourad (COO, Astratech), and Suvo Sarkar (Banking Industry Leader & Host of Money Majlis) explored how human insight, powered by AI, is transforming the very fabric of banking. “Customer centricity is no longer optional—it’s programmable,” said Rizvi, while Seshadri noted that “AI is our co-pilot, not our competitor.” Moderated by Anshul Khare, Director, Products & Business Solutions at Nucleus Software, the panel emphasized that trust, agility, and hyper-personalization are central to next-generation growth.

In the technology dialogue, leaders Nitin Bhargava (COO, Al Masraf Bank), Fozi Sultan (Head of IT & Projects, Deem Finance), and Shino Thomas (Head of Technology Operations, mBank), offered deep insights into how AI-native infrastructure is being engineered today to enable scale and speed. From real-time intelligence to modular, cloud-first platforms, the panel, steered by Mohamed Roshdy (CIO, Reem Finance), affirmed that the early-mover advantage in AI development lies in bold execution and a clear architectural vision.

One of the most anticipated moments of the event was the fireside chat with Chris Taylor, CEO of Deem Finance. In a rare and personal conversation, Taylor revealed how his passion for endurance sports has shaped his leadership philosophy—one rooted in discipline, clarity, and sustained execution. Moderated by Mr. Ashwani Arora, Global Head – Customer Success at Nucleus Software, the discussion highlighted Deem’s transformation journey, including its $400M securitization achievement and the remarkable shift from 80% manual to 60% automated interactions. “The biggest barrier to doing the right thing with AI is resistance born out of fear,” Taylor stated, while applauding Nucleus Software’s seamless platform implementation of FinnOne Neo® Collections as a benchmark ‘green-to-green’ transformation.

As the event drew to a close, Mr. Parag Bhise, CEO & Executive Director of Nucleus Software, delivered a powerful closing note, thanking the distinguished participants and reaffirming the company’s commitment to co-creating the future of finance. “We leave here with stronger bonds, sharper perspectives, and a shared determination to lead this Human-AI era with integrity, intelligence, and impact,” he said.

The Middle East is rapidly emerging as a global epicenter for AI-driven banking innovation. Guided by visionary leadership, progressive regulation, and strategic investments in digital infrastructure, the region is redefining the future of financial services. It is against this dynamic backdrop that Nucleus Software hosted Synapse 2025 – Middle East, bringing together stalwarts from across the banking and fintech ecosystem to shape the future of responsible, AI-powered finance. The event was a powerful declaration of what lies ahead. A bold leap into a future where human potential and artificial intelligence work in harmony, not in competition, as collaborative engines of progress.

To know more, please visit https://www.nucleussoftware.com/

 

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