Harvest One Cannabis Inc. announced that the Board of Directors of the Company has appointed Andy Bayfield, currently Chief Commercial Officer, to the position of Interim Chief Executive Officer, effective immediately. Mr. Bayfield will also be appointed to the Company's Board of Directors. Concurrent with the appointment of Mr. Bayfield, the Board has also appointed Frank Holler, currently Chairman of the Board of Directors, to the position of Executive Chairman.

Mr. Holler has also served as Chair of the Special Committee overseeing the strategic review of the business. The Company also announced it has accepted the resignation of Grant Froese from the position of Chief Executive Officer, and from the Board of Directors, effective immediately. In order to facilitate a seamless transition, Mr. Froese will continue to support the Company and Mr. Bayfield on a consulting basis.

Prior to joining Harvest One, Andy Bayfield enjoyed a successful career focused on consumer packaged goods with internationally recognized companies such as Cadbury, Coca-Cola, and Canada Dry Mott's, a division of Keurig Dr Pepper, where he held senior level positions including Senior Vice President and General Manager of Dr Pepper Snapple Group from September 2017 to December 2018, based in Dallas, Texas.