Biome Grow Inc (CSE:BIO) (OTCMKTS:BIOF) is adding a new member to its board of directors.
Rita Theil, CEO of the corporate advisory firm JacKryn Holdings Inc, is joining the cannabis producer. In 2003, she founded the Women’s Mentor Initiative, an organization that designs women-focused mentorship programs and offers mentor and mentee coaching for companies.
Before that, Theil worked at CitiBank as director of European utilities, water and infrastructure. She also founded Citi Women, an organization to attract, develop and retain female talent.
“Biome is excited to have Rita join our board of directors,” CEO Khurram Malik said. As with our current members of the Biome Board, she will bring considerable strategic value to the operations of the company beyond her duties as a board member. In particular, her extensive international mergers and acquisitions experience, risk matrix development, and advisory work with governments will play a key role as Biome looks to expand on its international cannabis footprint”
Over the course of her career, Theil has served on the boards of Allstate Insurance Company of Canada, NewGen Asset Management, WaterTAP Ontario, Global Water Resources Inc and Scottish Water plc.
“I am honoured to join Biome’s Board of Directors and share my international capital markets experience and my corporate governance and regulatory perspectives in support of Biome’s continued growth across Canada and foreign markets,” Theil said. “Biome is a fast-growing player in the Canadian medical cannabis sector and I am looking forward to bringing my experiences and insights to the table to help broaden its scope.”
Biome is a cannabis producer with operations in Canada and the US. It owns and operates five subsidiaries including Weed Virtual Reality Inc, a VR platform focused on the medical and recreational cannabis markets.
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