Pubdate: Tue, 18 Dec 2018
Source: Philadelphia Daily News (PA)
Copyright: 2018 Philadelphia Newspapers Inc.
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Website: http://www.philly.com/dailynews/
Details: http://www.mapinc.org/media/339
Author: Sam Wood

CANADIAN CANNABIS COMPANY TILRAY STACKS ADVISORY BOARD WITH U.S. POLITICIANS

Howard Dean, the former Democratic candidate for president, and
Michael Steele, the ex-head of the Republican National Committee are
joining the advisory board of Tilray Inc., the Canadian cannabis
grower, the company has announced.

Backed by Silicon Valley billionaire Peter Thiel, Tilray was briefly
worth more than $28 billion -- valued at more than Twitter or CBS --
in September after it became the first cannabis company to be listed
on an American stock exchange. The company made a second splash this
year when it was chosen by the U.S. Drug Enforcement Agency to provide
a small amount of marijuana for a study at the University of
California, San Diego.

Dean, a former physician, served as governor of Vermont for 12 years
before running for president. He later became the head of the
Democratic National Committee. Since 2015 he has been affiliated with
the the world's largest law firm, Dentons, as part of its public
policy and regulation practice. Steele once served as the lieutenant
governor of Maryland and has been openly critical of the current
presidential administration.

Dean and Steele join a host of other well-known politicians on the
boards of marijuana companies. Former Speaker John Boehner serves on
the board of Acreage Holdings along with former Massachusetts Gov.
Bill Weld. Former heads of state working with weed concerns include
former Canadian Prime Minister Brian Mulroney (also with Acreage) and
former Mexican president Vincente Fox serves on the board of Khiron
Life Sciences Corp. a medical cannabis company with operations in Colombia.
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MAP posted-by: Matt