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GILLA INC. (OTCMKTS:GLLA) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

GILLA INC. (OTCMKTS:GLLA) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Departure of Directors
On May 2, 2017, Henry J. Kloepper and Stanley D. Robinson resigned as directors of Gilla Inc. (“Gilla” or the “Company”). The Company’s Board of Directors accepted their resignations effective immediately. There were no disagreements with either of Mr. Kloepper or Mr. Robinson on any matter regarding the Company or its Board of Directors.
Changes to Board Committees
On May 2, 2017, the Company’s Board of Directors appointed Gerald Goldberg, Dr. Blaise A. Aguirre and Christopher Rich to serve as members of the Company’s Audit Committee with Mr. Goldberg continuing to serve as Chairman of the Audit Committee. The Audit Committee shall hold office up to the next annual general meeting of the shareholders.
On May 2, 2017, the Company’s Board of Directors also appointed Gerald Goldberg to serve as Chairman of the Compensation and Governance Committees and Dr. Blaise A. Aguirre to serve as the Company’s Lead Independent Director. The Board of Directors does not have a separate Compensation Committee or Governance Committee, as such functions are addressed by the entire Board of Directors. Mr. Goldberg and Dr. Aguirre shall hold office up to the next annual general meeting of the shareholders.
About GILLA INC. (OTCMKTS:GLLA)
Gilla Inc. is engaged in the manufacturing and distribution of E-liquid for the vapor industry (E-liquid). The Company has developed and acquired manufacturing operations, E-liquid brands and a global distribution platform. The Company’s segment is manufacturing, marketing and distributing of E-liquid, vaporizers, E-cigarettes, and vaping accessories in North America and Europe. The Company’s products include generic and premium branded E-liquid, the liquid used in vaporizers, E-cigarettes, and other vaping hardware and accessories. The Company offers over 500 base flavors of generic E-liquid, which are available in nicotine strengths ranging from 0 milligram (mg) to 24 mg with varying proportions of propylene glycol (PG) and vegetable glycerin (VG). The Company’s premium E-liquid portfolio includes Craft Vapes, Craft Clouds, Vape Warriors, Miss Pennysworth’s Elixirs, The Mad Alchemist, Replicant and Coil Glaze. GILLA INC. (OTCMKTS:GLLA) Recent Trading Information
GILLA INC. (OTCMKTS:GLLA) closed its last trading session 00.000 at 0.150 with 23,224 shares trading hands.
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