LAS VEGAS, Oct. 14, 2015 /PRNewswire/ -- DigiPath, Inc. (OTCQB: DIGP), the independent cannabis testing, media, and education firm, has appointed Joseph J. Bianco to chair its Board of Directors.
"Joe is a business visionary who possesses a wealth of knowledge he gained from both his academic background and while serving numerous public and private entities in officer and consultant roles," says Todd Denkin, DigiPath's CEO. "These skills should serve DigiPath well as we transition from the development phase of our business plan into the expansion phase."
After graduating from Yale Law School and teaching law for several years, Bianco founded British Performance Cars, Inc., the exclusive U.S. distributor of the Lotus Marque, which was eventually sold to General Motors. Subsequently, he formed Alliance Entertainment Corp., which was listed on the NYSE and was then the largest independent distributor of recorded music in the world. Alliance, which was eventually sold to a private equity fund, was the product of a "roll-up" of over a dozen smaller companies. It is expected that Mr. Bianco's acquisitions experience will be especially relevant to DigiPath's growth strategy.
For more information: www.digipath.com
About DigiPath, Inc. (OTCQB: DIGP)
DigiPath, Inc., supports the cannabis industry's best practices for reliable testing, education, and training, and brings unbiased cannabis news coverage to the nation. DigiPath's business units are DigiPath Labs and TNM News Corp.
Information about Forward-Looking Statements
This press release contains "forward-looking statements" that include information relating to future events. Forward-looking statements are based on information available at the time they are made, and are subject to risks and uncertainties that could cause actual performance to differ materially from those stated. For a description of the risk factors and uncertainties affecting DigiPath, please refer to the Company's recent Securities and Exchange Commission filings, which are available at www.sec.gov. The Company undertakes no obligation to publicly update or revise any forward-looking statements.
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SOURCE DigiPath, Inc.