AMP Announces Strategic Acquisition of German CBD Wellness Company and Leading Cannabis Executive Team

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Summary

AMP Alternative Medical Products GmbH (“AMP”) is a pharmaceutical supplier of medical cannabis products to pharmacies generating sales from imported medical cannabis products from Aphria, Bedrocan and Little Green Pharma, in addition to AMP’s own branded products sold through AMP’s nationwide sales team. Hendrik Knopp is an accomplished cannabis entrepreneur and was a founder of Nuuvera Inc. which was acquired by Aphria Inc. and led the team that built the first German cultivation facility producing medical cannabis for the German Cannabis Agency (BfArM). Greenrise Global is a publicly listed Canadian incorporated company with a representative office in Berlin with two German operating subsidiaries, Greenrise GmbH (“Greenrise Wellbeing”) and AMP Alternative Medical Products GmbH (“AMP”). About Greenrise Global Brands Inc. (formerly AMP Alternative Medical Products Inc.) Greenrise Global helps Germans benefit from the wellbeing benefits of cannabis. AMP has invested the time and effort to build a nationwide sales team trained on the medical benefits of cannabis and have a complete portfolio of medical cannabis products to sell.

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BERLIN, Nov. 3, 2021 /CNW/ – AMP Alternative Medical Products Inc. (Frankfurt: C4TA) (ISIN: CA0318961038) (CSE: XCX), (the “Company”) announces it has acquired Greenrise GmbH (“Greenrise Wellbeing”) from its founders, Messrs. Hendrik Knopp, Florian Witt and Alex Hintz. Mr. Hendrik Knopp has been appointed to the board of directors, Mr. Florian Witt has been appointed as Chief Operating Officer and Mr. Alex Hintz as Chief Product Officer.

Furthermore, the Company has changed its name to Greenrise Global Brands Inc. (“Greenrise Global”) which reflects the growth opportunities through the Company’s CBD wellness, medical and...

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