Kanabo Group Appoints Ian Mattioli as Chair of the Board and Secures a £2.5M Minimum Investment Round
09 Mai 2023 - 8:30AM
Business Wire
Industry leader Ian Mattioli joins Kanabo's
investment round and Board, accelerating digital healthcare
expansion and treatment portfolio
Kanabo Group (LSE: KNB), a health-tech company focused on
patient care with its innovative digital healthcare platform and
medical cannabis treatment portfolio, announces Ian Mattioli's
appointment as Chair of the Board. Mattioli's financial services
and capital markets expertise will advance Kanabo's strategic
objectives.
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Kanabo Group appoints Ian Mattioli, MBE
as Non-Executive Chair of the Board (Photo: Business Wire)
The £2.5M minimum investment round includes an institutional
investor, company management, and Ian Mattioli's £500K investment.
This funding will support Kanabo's UK market expansion, further
developing its telehealth offering, and accelerating the
integration of additional treatments into its digital health
platform and medical cannabis product line.
Ian Mattioli's Background:
- Co-founder and CEO of Mattioli Woods PLC, a leading UK
pensions and wealth management consultancy
- London Stock Exchange AIM Entrepreneur of the Year and CEO of
the Year in the City of London Wealth Management Awards in 2018
David Tsur, Kanabo's outgoing Chair, welcomed Mattioli to the
leadership team, stating:
"We are pleased to have Ian Mattioli join us at this pivotal
time for Kanabo. His appointment will substantially boost our
expansion plans in the digital healthcare sector. Ian's experience
and understanding of London's capital markets will be invaluable as
we work to advance our strategic goals. Since our admission to the
London Stock Exchange, we have achieved several significant
milestones, including experiencing considerable revenue growth,
launching two medical cannabis products, building a comprehensive
supply chain, acquiring The GP Service, and launching Treat-It, our
innovative digital health platform for pain management."
Ian Mattioli Kanabo Group’s appointed Chair:
"I am honoured to join Kanabo at this pivotal moment in the
company's journey. As they aim to become a leader in the digital
healthcare sector, Kanabo is well-positioned to address the growing
need for accessible and specialised medications. The unique
end-to-end healthcare solution enables patients to take control of
their personalised care and improve their overall health. I see
great potential in Kanabo's innovative approach, the significant
market opportunity in the digital health arena, and the rising
demand for medicinal cannabis products, setting the foundation for
solid growth and success in the coming years."
More on Kanabo Group:
Kanabo Group Plc (LSE:KNB) is a health-tech company committed to
revolutionising patient care through its innovative technology
platform and disruptive product offerings. Since its inception in
2017, Kanabo has focused on researching, developing, and
commercialising regulated medicinal cannabis-derived formulations
and therapeutic inhalation devices.
Kanabo's NHS-approved online telehealth platform, The GP
Service, provides patients with video consultations, online
prescriptions, and primary care services. The Company is a leader
in its field, focusing on improving patient outcomes and providing
more accessible healthcare experiences.
In March 2023, Kanabo successfully launched its pain clinic,
Treat It, under the expert guidance of its technological and
product expertise. Treat It initially focuses on chronic pain
management using plant-based medicine and treatments that are
currently unavailable through traditional channels.
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version on businesswire.com: https://www.businesswire.com/news/home/20230508005630/en/
Kanabo Group plc Vigo Consulting (Financial Public
Relations/Investor Relations) Jeremy Garcia / Fiona
Hetherington / Verity Snow +44 (0)20 7390 0230
kanabo@vigoconsulting.com
Kanabo (LSE:KNB)
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