New CFO Pontus Dahlström will oversee the organization’s financial operations, including execution of the accelerated IPO plan.
Stockholm, Sweden, January 31, 2022, ZEXPRWIRE, CanCoin, designed to solve friction and monetization issues for the global legal cannabis market, today announces its new Chief Financial Officer (CFO), Pontus Dahlström. Pontus will take up his new role on February 7, 2022 and will oversee all financial operations of the organization, including accounting, financial reporting, taxation, business control and treasury. Pontus Dahlström will manage all aspects of financial matters and the IPO roadmap to accelerate the project’s growth plan to offer shares in the primary market.
Pontus Dahlström will also manage Investor Relations (IR), the project’s investment thesis, insights, guiding investors from a management perspective on the project’s share value as well as managing investor perceptions. secondary market investors.
Commenting on the recent appointment, Noel Nissen, CEO of CanCoin, said: “We are delighted to welcome Pontus Dahlström to the team. Pontus’ extensive experience in finance management, investor relations and IPO participation is valuable to the team.” Noel also added, “Pontus’ ability to provide a holistic view of the project’s financial growth and deep understanding to make smart strategic decisions are necessary to move the project forward.
Pontus has 20 years of experience as an entrepreneur with many years of experience working at an investment banking firm, Morgan Stanley. Pontus has co-founded several companies within the technical industry, such as Adverty AB and Intellego AB. He has been responsible for the successful development of several companies, from an investor presentation to an IPO.
“I am delighted to be part of the CanCoin project. There is great potential in the company’s plan and vision to strengthen the position of the medical side of the industry. I also believe in the idea of connecting the digital side of the business to the physical side, as it will improve the success of both sides. said Pontus Dahlström, CFO of CanCoin.
CanCoin has issued a total initial token supply of 420,000,000, of which 210,000,000 tokens are in circulation. It was designed for the multi-billion dollar legal cannabis market that encompasses healthcare, pharmaceuticals, FMCG (fast moving consumer goods) and industrials. In Europe, legal cannabis legislation is currently developing three times faster than in North America. More than 375 million Europeans have access to medical cannabis. This figure is expected to grow over the next five years, with legal cannabis sales expected to grow from $20 billion in 2020 to $95 billion by 2025 exponentially.
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