Nanaimo, British Columbia-based Tilray (NASDAQ: TLRY) has formed an international advisory board of American, Canadian, German, Portuguese, Colombian, and Australian political figures.
This special panel will advise the board of directors and upper management of Tilray as the company seeks to grow globally and navigate the increasing prospect of legalization in nations beyond Canada.
The panel features both right and left wing members, including former US Republican National Committee (RNC) chairman Michael Steele and former Democratic National Committee chairman (DNC) Howard Dean.
The first iteration of the newly-formed advisory board consists of these members:
- Howard Dean (former governor Vermont and DNC chairman)
- Michael Steele (former lieutenant governor of Maryland and RNC chairman)
- The Honourable Lloyd Axworthy (former Canadian Minister of Foreign Affairs)
- Joschka Fischer (former Foreign Minister and Vice Chancellor of the Federal Republic of Germany)
- Jaime Gama (former Portuguese Minister of Foreign Affairs)
- The Honourable Alexander John Gosse Downer (former Australian Minister of Foreign Affairs)
- Rt Hon Sir Donald McKinnon (former New Zealand Minister of Foreign Affairs and Trade)
- María Lorena Gutiérrez Botero (Former Colombian Minister of Commerce, Industry and Tourism)
- James O’Brien (former Principal Deputy Director of Policy Planning at the US State Department)
- Lorna Marsden (former Canadian senator from Ontario)
Tilray Chief Executive Officer Brendan Kennedy issued a press release announcing the new board with this brief comment:
Operating globally, Tilray also recently took part in a double-blind study in Australia in cooperation with the University of Sydney to quantify the effects on cognitive function while driving under the influence of cannabis. The results of that study are expected to be released early next year.
In related Tilray news, the company invested $20 million into IGC Resources Inc. (TSXV: IGC.H) via a private placement earlier this month, in addition to a $1 million private placement investment into IntelGenx Technologies Corp. (TSXV: IGX) back in November.
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