Maybe I should post that PR release. Keep in mind Gietl is no longer CEO but Jim Morrison is.
Cannagistics, Inc., Closes Acquisition of The Integrity Wellness Group, Inc.
9:01 am ET November 12, 2021 (Accesswire) Print
HAUPPAGUE, NY / ACCESSWIRE / November 12, 2021 / Cannagistics, Inc. (OTC PINK:CNGT) (the "Company" or "Cannagistics") announces that has closed a transaction, as of July 1, 2021, whereby it has acquired The Integrity Wellness Group, Inc., (formerly known as Cannaworx Holdings, Inc.) from Availa Bio, Inc. in exchange for controlling interest in the newly reorganized public entity, to be known as The Integrity Wellness Group, Inc. We have applied for the name change and symbol change, in accordance with the rules of SEC and FINRA.
Rob Gietl will remain as President and as a Director of the Company. Joining the Board of Directors of the Company will be Jim Morrison, as Chairman of the Board of Directors, and Dr. Babak "Bobby" Ghalili, as a Director and Chief Science Officer of the Company.
Rob Gielt is an expert in the fields of health and wellness. Through his tenure as CEO of two public companies in the CBD and Hemp area he has extensive experience dealing with the development and marketing of health and wellness items utilizing a peptide extracted from natural source as the raw ingredient to help develop numerous finished products by adding to various proprietary formulations to bring to market in the health & wellness, cosmetic and pet sectors.
Jim Morrison was previously President of L'Oreal for 9 years, he acquired Redken and Matrix and led a top-line growth average above 20%. As CEO, he headed the first celebrity-driven video shopping app in partnership with SPRINT; Graham Webb, one of the most successful startups in hair care; and Sexy Hair Concepts for four years.
Dr. Babak "Bobby" Ghalili, DMD, is one of the foremost periodontal and reconstructive dental surgeons in the field, he is an Associate Professor of Periodontal Surgery at New York University and the University of Medicine and Dentistry of New Jersey. Dr. Ghalili is a graduate of Brandeis University, Tufts University, and UMDMJ, and author of 21 patents (6 awarded patents and 15 patent pending).
James W Zimbler, as part of the transition and appointment of new members of the Board, will resign from the Board of Directors and remain as Vice-President of Operations/Compliance of the company.
The Integrity Wellness Group, Inc., (formerly Cannaworx Holdings, Inc.) has developed an extensive portfolio of consumer products, which include FDA cleared, patented/ patent pending diverse product lines, that capitalize on disruptive delivery systems in the areas of pain relief, pharmaceuticals, skincare, nutraceuticals and agricultural/veterinary products.
Rob Gielt the President and CEO of CNGT (Integrity Wellness), said, "I am very much looking forward to working with this eclectic group of extremely qualified individuals, backed by science, and years of working with health and wellness products. I am excited to be using my skill set in marketing to advance the development and promotion of the many products of this company."
The Company is working to apply for a listing on OTCQB.
As of August 30, 2021, the Company relocated to:
150 Motor ParkwaySuite 401Hauppauge, NY 11787631-787-8455
About Cannagistics, Inc.: Cannagistics, Inc. is a Delaware corporation, publicly traded company. Previously our business was as a technology and software-based logistics company, engaged on the digital supply chain logistics business, however we are now pivoting into the development, marketing and sale of health and wellness products.
The Company currently trades on the OTC Markets under the symbol "CNGT."
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