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Columbia Care appoints Julie Hill as a member of its board of directors

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Hill, an experienced member of the international corporate board, brings his expertise in governance and strategy

NEW YORK – Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”), one of the growers, manufacturers and suppliers of products of cannabis for medical and adult use in the US, has appointed Julie Hill to its Board of Directors. His appointment expands the board to eight members.

Ms. Hill has spent more than two decades serving on a variety of public and private corporate boards of directors. He is currently a member of the Board of Directors of Lord Abbett Family of Funds, a $ 225 billion mutual fund management firm based in New Jersey. Most recently, Ms. Hill served on the Board of Directors of Anthem, a Fortune 50 company, and the largest health insurance company in the US by member. He was also previously on the Boards of Directors of Lendlease, a publicly traded international construction, development, investment and management company, and at Holcim (USA), the US operation of a Swiss company, as well as in several other public companies.

“Julie’s extensive experience in corporate governance for highly regarded transformer companies is a great victory for our Board of Directors and shareholders. Through the various Boards of Directors he has served, he brings a unique and insightful lens that we are grateful to add to our team, “said Nicholas Vita, CEO of Columbia Care.” As the industry continues to mature and we expand into newly legalized areas, she says, Julie’s knowledge and perspective will be vital. We are delighted to welcome you to the Columbia Care family. ”

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“I was very pleased to accept the offer to join the Columbia Care Board. Their reputation and reach precede them, ”Ms. Hill said of her appointment. “Joining a fast-growing and respected cannabis company like Columbia Care during this historic time of expanding legalization is extremely exciting. As the Company expands its presence with premium brands, innovative technology and new and innovative retail experiences, I look forward to contributing to its continued success and helping shape the industry as it evolves. ”

Prior to her last 20 years serving on Boards of Directors, she founded and led several companies, primarily in the real estate development and investment industry, and was a senior executive at numerous publicly traded companies, including Mobil Land, a division of Mobil. Oil, and the UK-based Costain Group. In addition to her vast experience on the boards of directors of public companies, Ms. Hill is actively involved in numerous philanthropic and social endeavors. She is currently chair of the board of trustees of the University of California at Irvine (UCI) and is a board member of Leaders’ Quest and the Alliance for SoCal Innovation. She is a member of the International Women’s Forum and the Los Angeles Trusteeship, and was a former member of the Women’s Leadership Board at Harvard Kennedy School of Government. Ms. Hill has traveled to Burma to work with refugees and is an advocate for several human rights organizations and several international women’s rights philanthropic organizations. She has received the Amelia Earhart Award from the Women’s Opportunities Center, as well as the Glass Ceiling Award from the American Red Cross. He earned a BA in English from UCLA and an MA in Marketing from the University of Georgia.

About Columbia Care

Columbia Care is one of the largest and most experienced growers, manufacturers and suppliers of cannabis products and related services, licensed in 18 US and EU jurisdictions. Columbia Care currently operates 122 facilities1 including 92 dispensaries and 30 growing and manufacturing facilities. Columbia Care is one of the original providers of medical cannabis in the US and continues to provide industry-leading products and services. The company launched Cannabist, its new retail brand, creating a nationwide network of dispensaries that leverages proprietary technology platforms. Through its network of dispensaries, the company offers products spanning flowers, edibles, oils, and tablets, and manufactures popular brands such as Seed & Strain, Triple Seven, Classix, Plant Sugar, Press, Amber, and Platinum Label CBD. With more than four million sales transactions since its inception in 2012, Columbia Care is known for setting the standard for compassion, professionalism, quality, care and innovation in the rapidly expanding cannabis industry. For more information on Columbia Care, visit www.col-care.com.

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Caution Regarding Forward-Looking Statements

This press release contains certain statements that constitute forward-looking information within the meaning of applicable securities laws and reflect the Company’s current expectations regarding future events. The Company has made assumptions regarding its ability to execute brand and product initiatives, which, while deemed reasonable by the Company, may turn out to be incorrect and are subject to known and unknown risks and uncertainties that may cause actual results, performance or achievements. of the Company are materially different from those expressed or implied in any forward-looking information. Securities holders should review the risk factors discussed under “Risk Factors” in Columbia Care’s Annual Information Form dated March 31, 2021, filed with the appropriate Canadian securities regulatory authorities on SEDAR at www.sedar.com and is described from time to time in documents filed by the Company with Canadian securities regulatory authorities.

1Pro forma facilities open or under development; includes facilities where Columbia Care provides consulting services pursuant to the terms of a management services agreement

View the source version on businesswire.com: https://www.businesswire.com/news/home/20210607005795/en/

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Contacts:

Investor contact
Lee Ann Evans
Investor Relations
+1.212.271.0915
[email protected]

Media Contacts
Lindsay wilson
Columbia Care
+1.978.662.2038
[email protected]

Gabriella Velez
5WPR
[email protected]

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