SOURCE: Mountain High Acquisitions Corp.

October 02, 2014 08:13 ET

Mountain High Acquisitions Corp. Expands Management Team -- Appoints Richard G. Stifel as CFO and Director

DENVER, CO--(Marketwired - Oct 2, 2014) - Mountain High Acquisitions Corp. (OTCQB: MYHI) ("Mountain High" or the "Company"), a strategic real estate holding company whose primary focus is the acquisition and development of commercial properties in the cannabis sector, is pleased to announce that the Company has appointed Richard G. Stifel as the Company's new CFO and Director. 

"We are all very pleased to have added someone of Rick Stifel's capabilities and reputation to the Mountain High management team," stated Alan Smith, President of Mountain High. "His hands-on experience as a CFO of both private and publicly traded companies will undoubtedly increase our growing company's standing with potential partners and investors and should assist us in achieving our short and long term strategic development objectives in the future."

Mr. Stifel has over 30 years of finance, accounting, and operations experience in telecom, trucking, mining, distribution, consumer products, video production, manufacturing, and retail with over 15 years' experience as a Chief Financial Officer. During his career, he has managed the financial operations of startups to multi-million dollar companies and has extensive experience in mergers and acquisitions, having been responsible for over $250 million in transactions. A native of Denver, Colorado, Richard is the founder (2001) and President of RGS Resources, LLC, a provider of strategic CFO solutions to start-up and mid-sized companies. Mr. Stifel has a Bachelor of Science in Business Administration (BSBA) in Accounting from Colorado State University.

Mr. Stifel added, "I am extremely excited to have the opportunity to join Mountain High Acquisitions Corp. at such an important stage of the Company's growth and development. I look forward to assisting Alan and his team to achieve their corporate goals in the legal marijuana sector."

About Mountain High Acquisitions Corp. (MYHI)

Mountain High Acquisitions Corp. is a strategic real estate holding company whose primary focus is the acquisition and development of commercial properties to be leased and utilized by the marijuana industry.

Disclaimer/Safe Harbor: This Mountain High Acquisitions Corp. news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include failure to meet schedule or performance requirements of the Company's contracts, the Company's ability to raise sufficient development and working capital, the Company's liquidity position, the Company's ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur as planned or at all. The Company does not and will not grow, harvest, distribute, or sell cannabis or any substances that violate United States law or the Controlled Substances Act, nor does it intend to do so in the future.

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