Green Gorilla Co-Founder Steven Saxton Ascends to Co-CEO Suite

Los Angeles, CA, January 27, 2016 (Newswire.com) - ​Green Gorilla Co-Founder Steven Saxton has been elevated to the position of Co-CEO, the company announced today. Under the terms of the new appointment, Saxton will handle CEO responsibilities with fellow Co-Founder and now Co-CEO Philip Asquith.

To date, Green Gorilla has raised $2.5 Million in start-up funds with Mr. Saxton providing the initial seed money for the company. The company’s new web-portal, www.ilovegreengorilla.com and initial “Hemp & Olive” product line recently debuted to positive reviews and reaction within the space. This product line consists of over 100 unique CBD infused supplements, cosmetics and pet care products, based on 100% organic extra virgin olive oil infused with 100% pure & plant-based cannabidiol (CBD).

"I have known Steven for 15 years, and his perseverance and determination to succeed are unparalleled. I am very excited for the future of Green Gorilla, and am thrilled to see what the two of us can accomplish together," said Co-Founder and Co-CEO, Philip Asquith. "I look forward to contributing 100% of my efforts to building Green Gorilla into a sustainable and ethical international brand in the hemp & cannabis industries. I've known Philip for a long time, and our partnership is very complementary," said Co-Founder and newly appointed Co-CEO, Steven Saxton.

Philip Asquith, Green Gorilla CO-Founder & CO-CEO, Steven Saxton, Green Gorilla CO-Founder and CO-CEO

“I have known Steven for 15 years and his perseverance and determination to succeed are unparalleled. I am very excited for the future of Green Gorilla, and am thrilled to see what the two of us can accomplish together,” said Co-Founder and Co-CEO, Philip Asquith.

“I look forward to contributing 100% of my efforts to building Green Gorilla into a sustainable and ethical international brand in the hemp & cannabis industries. I’ve known Philip for a long time, and our partnership is very complementary.  Having two skilled managers at the helm, with our combined knowledge and experience, will no doubt yield fantastic results,” said Co-Founder and newly appointed Co-CEO, Steven Saxton.

Hemp & Olive's products are all 100% Organic, Non-GMO, Vegan, Paleo, Kosher, Macrobiotic, Gluten-Free, & Sugar-Free. The products are also produced using world class organic extra virgin olive oil from award winning California producer, Ojai Olive Oil, Inc. The CBD used in the Hemp & Olive line is sourced from the very best hemp growers around the world, and is extracted and purified to 100% before being infused into our extra virgin olive oil. CBD is the most medicinal component of the hemp/cannabis plant, yet it has no psychoactive properties . Green Gorilla’s goal is for Hemp & Olive to be the most comprehensive and best formulated CBD product line in the world, and that goal will soon be realized.

About the Company Principals: With over 30 years of experience, Mr. Saxton's numerous credits include Lone Survivor and The Kids are Alright. He is a highly regarded expert in corporate structuring, private equity, public companies, corporate refinancing, and capital raising for startups. Mr. Saxton has been the lead negotiator for numerous partnerships, mergers, acquisitions and rollups for private and public companies. Mr. Saxton was a former investment banker, stock and commodities broker. Mr. Saxton is 52 years old, and currently resides in Malibu with his wife and daughter.

Prior to his role as Co-Founder & Co-CEO of Green Gorilla, Inc., Philip Asquith was the Co-Founder and CEO of Green Monkey, Inc., a lifestyle and wellness company based in Miami, Florida, with multiple locations providing movement classes, cold pressed juice bars, a retail boutique and a social lounge area. Prior to Green Monkey, Mr. Asquith was also the Co-Founder and CEO of Green Capital Investments, Inc., a structured finance group focused on renewable energy projects. GCI’s projects included wind-energy farms, biomass-energy facilities, and municipal waste-energy facilities. Mr. Asquith’s background is primarily in investment banking, structured finance, venture capital, and investment management.  He is 39 years old, and lives in Ojai, CA, on a certified organic permaculture ranch.

About Green Gorilla: Green Gorilla is building an international brand in the hemp and cannabis industry. Our mission is to provide sustainable and ethical goods and services to a broad range of customers, with a primary focus on health and wellness. While federal policy is developing, the Company will operate only in areas that are unequivocally federally legal, primarily focusing on the picks and shovels, including the sale of a multitude of market leading product lines and the operation of a state of the art web portal. Green Gorilla prides itself on being a green, sustainable, and ethical company, with a focus on improving people’s quality of life.

Green Gorilla was established in 2013 by founders Sir Steven Saxton and Philip J.P. Asquith.

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FORWARD-LOOKING STATEMENTS This press release may contain certain forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Readers are cautioned that all forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by the Company or any other person that the objectives and plans of the Company will be achieved.

Media Contact 323.788.0741 and [email protected] | Visit: www.ilovegreengorilla.com

Green Gorilla, Inc. | 7080 Hollywood, Blvd., Suite 1100 | Los Angeles, CA 90028 | 323.452.5919

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