Simply Solventless Concentrates Ltd. (TSXV: HASH) (“SSC”) is pleased to announce that Mr. Ananth Krishnan has been appointed to the position of Chief Financial Officer of SSC, effective August 25, 2025. Ananth brings to SSC over twenty years of experience in investment banking, investment management, financial planning & management, investor relations, strategy, corporate development, commercial negotiations, and cannabis operations. Prior to joining SSC, Ananth served as Vice President, Strategy & Corporate Development with Aurora Cannabis Inc. (“Aurora”).
During his six years with Aurora, Ananth led Aurora’s capital raising efforts, executed numerous M&A transactions, and played a pivotal role in the company’s rapid growth, international expansion, and capital structure management. Ananth was part of a core Aurora leadership team that planned and executed on a strategic business transformation that saw Aurora emerge as the global leader in medical cannabis, with a strong balance sheet, and industry leading EBITDA and free cash flow generation.
Ananth began his career in investment banking at Canadian bank-owned dealers where he gained valuable capital markets and transaction experience. Since leaving investment banking, Ananth has held progressively senior finance positions in portfolio management and private equity, where he sourced, evaluated, and executed value focused acquisition opportunities across a variety of industries. Ananth is a Chartered Financial Analyst and holds a Bachelor of Commerce degree from the University of Calgary.
Jeff Swainson, President & CEO of SSC, stated: “Ananth is a respected leader with deep and meaningful experience, and we are honoured that he made the decision to join SSC. We are executing a transformational business plan, having expanded revenue from $7.0 million in 2023 to nearly $50.0 million annualized in Q1 2025, and we believe that we are positioned to become a true leader in the cannabis industry through continued operational execution and industry consolidation. Successfully executing on this mandate requires exceptionally talented leaders, and Ananth’s unique experience, combined with his exceptional reputation and talent, will contribute greatly to executing on this plan. Ananth is a believer in SSC, and we believe that he will play a significant role in building SSC, and in creating meaningful value for our shareholders. From our entire team, welcome aboard, Ananth!”.
In conjunction with his appointment, Ananth has been granted a total of 1,250,000 stock options of SSC at an exercise price of $.29 per share. The options expire after five years and vest 1/3 on the date of grant, 1/3 on the first anniversary of the grant, and 1/3 on the second anniversary of the grant. The appointment of Ananth and the option grant remains subject to the final approval of the TSXV.
About Simply Solventless Concentrates Ltd.
SSC is a public company incorporated under the Business Corporations Act (Alberta). SSC’s mission is to provide pure, potent, terpene-rich ready to consume cannabis products to discerning cannabis consumers. For more information regarding SSC, please see www.simplysolventless.ca.
Source: Simply Solventless Concentrates Ltd.
