BYND Cannasoft Enterprises Inc. Announces Changes to its Board of Directors and Audit Committee

(via TheNewswire)

Vancouver, British ColumbiaTheNewswire –March 7, 2022BYND Cannasoft Enterprises Inc. (“BYND” or the “Company”)(CNSX:BYND.CN)is pleased to announce the appointment of Niv Shirazi to its board of directors. Mr. Shirazi holds a BA in Business Administration and Accounting from the Ono University College in Kiryat Ono, Israel. Since 2018, Mr. Shirazi served as chief operating officer forHN Win Ltd.an Israeli real estate company.

The Company also wishes to announce that Mr. Shirazi was appointed to the company’s audit committee in place of Gabi Kabazo, chief financial officer of BYND. Following Mr. Shirazi’s appointment, the Company’s Audit Committee is now composed entirely of independent directors.

Mr. Yftah Ben Yaackov says: “We are very happy to have Mr. Shirazi join the board of directors as an independent director and member of the audit committee. Mr. Shirazi’s business and accounting background will add depth and diversity to the Company’s Board of Directors, which will help us achieve our business goals and objectives.

On BYND Cannasoft Enterprises Inc.

BYND is an integrated software/cannabis company, based in Israel.

CRM software

BYND owns and markets proprietary customer relationship management (CRM) software, known as “Benefit CRM”. BYND’s Benefit CRM software enables small and medium-sized businesses to optimize their day-to-day business activities such as sales management, personnel management, marketing, call center operations, and asset management. BYND’s next-generation Benefit CRM platform is nearing completion and will be ready for BETA testing in approximately three months.

Cannabis RCMP

Building on its 20 years of experience in CRM software, BYND recently began development of an innovative new CRM platform, designed specifically to meet the needs of the medical cannabis industry. This new platform will be the first of its kind in the field of medical cannabis and the Company is convinced that it will transform the industry into a more organized, accessible and transparent market on prices. The data and information collected through the operation of the cannabis farm (see below) and the products it manufactures will allow BYND to test its new Cannabis CRM platform and adjust the platform if necessary. Moreover, the operation of cannabis farm and the sale of medical cannabis will bring additional revenue to further support BYND in the early years of its cannabis CRM platform deployment.

cannabis farm

BYND recently obtained a primary cultivation license for the cultivation of medical cannabis in Israel and intends to build a 3.7 acre farm near Ashkelon Israel, to grow medical cannabis. The company’s plans include the construction of 4 state-of-the-art greenhouses, housing approximately 2.5 acres of total cultivation area. BYND estimates that once fully operational, its cannabis farm will be able to produce 7,500 kg of raw cannabis each year. BYND also intends to work with strategic partners to develop and market new, exclusive cannabis-infused products for sale nationwide. Israel and for export.

For more information please refer to the information available on the Company’s website: www.cannasoft-crm.com, the CSE website: https://www.thecse.com/en/listings/life-sciences/bynd-cannasoft- enterprises-inc and on SEDAR:www.sedar.com.

Gabi Kabazo

Financial director

Tel: (604) 833-6820

E-mail:[email protected]

Caution Regarding Forward-Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words “may”, “would”, “could”, “fly”, “hear”, “plan”, “anticipate”, “believe”, “estimate”, “will expect” and similar expressions are intended to identify forward-looking statements. These statements reflect our current beliefs regarding future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including factors discussed in our filings with Canadian securities regulators. Should one or more of these risks and uncertainties, such as currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should the assumptions underlying the forward-looking statements prove incorrect, actual results could differ materially from those described herein as expected. , planned, anticipated or expected. We do not intend and assume no obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to place undue reliance on these forward-looking statements.

CSE has not reviewed, approved or disapproved of the contents of this press release.

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Copyright (c) 2022 TheNewswire – All rights reserved., source Press Releases

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