
Jeffrey “Jeff” Mascio serves as president, chief executive officer, and founder of Cannabis One, an investment firm that focuses on improving and expanding cannabis-based businesses across the country. Jeff Mascio concentrates on increasing innovation within the field, while bringing what he terms the “big box brand” to each of the companies Cannabis One invests in. This approach seeks to improve operational processes to enhance growth and expansion.
Cannabis One has also announced that it will accelerate the expiry of voting share purchase warrants. The move is part of a larger strategy to fund future growth for Cannabis One as it looks to expand across the United States. The shares were issued in February 2019, with the accelerated expiration date to be June 26, 2019.
With stocks and shares, warrants determine the time frame during which the shares can be sold or cashed in, among other conditions. After a set expiration date, they may become unusable or unsellable. The expiration date is often dictated by the issuer, in this case, Cannabis One. Should each of the shares be purchased, Cannabis One will take in a gross of $5.9 million.