Hempsana Inc. Announces Appointment of a Proposal Trustee

TORONTO, March 13, 2024 (GLOBE NEWSWIRE) -- Hempsana Holdings Ltd. (HMPS.CN) announces that on March 11, 2024, its wholly-owned operating subsidiary, Hempsana Inc. (the “Company”), filed a Notice of Intention to make a Proposal (“NOI”) under Section 50.4 of the Bankruptcy & Insolvency Act R.S.C. 1985, c. B-3, as amended (the “BIA”). B. Riley Farber Inc. (the “Proposal Trustee”) accepted the appointment as Trustee in the Proposal of the Company. The Company has reduced its operations in order pre