Flora Growth Appoints Industry Authority Tim Leslie as Chairman of Its Newly Formed Advisory Board
January 06 2022 - 7:05AM
Business Wire
Tim Leslie brings significant experience in
both the cannabis industry and international growth and business
development, including an extensive career at Amazon, to the
organization.
Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a
leading all-outdoor cultivator and manufacturer of global cannabis
products and brands, announced today the appointment of
accomplished business leader and cannabis industry expert Tim
Leslie as the Chairman of its newly formed Advisory Board.
The establishment of the Advisory Board comes as Flora continues
to develop its corporate structure to include a robust roster of
human capital. The appointment of Leslie aligns with Flora’s goal
of working with the best leaders in the industry who will provide
strategic counsel to the Company on matters that will fuel its
growth. A Yale law graduate, Leslie has a strong pedigree of
success, working with scaling companies including his two decades
at Amazon, where he served as Vice President and Associate General
Counsel responsible for building and managing Amazon’s
international legal team before changing roles to oversee the
international launch of Amazon Prime Video. Following his
successful tenure at Amazon, Leslie made the leap to the burgeoning
cannabis industry where he served as CEO of one of the world's most
authoritative digital cannabis data sources, Leafly. Since his time
there, Leslie has served on the board of renowned cannabis
companies before his appointment as Chairman of the Board of
Advisors at Flora.
“The synergies could not be better aligned,” Leslie said. “I
have watched how Flora, in a short time, has emerged as a leader in
building a diversified global cannabis company, from its low-cost
manufacturing to the clinical studies from its Flora Pharma
division to its premium brand portfolio. I am excited by the
prospect that Flora’s current clinical trials at the University of
Manchester and in the US can lead to the development of new, safe,
plant-based medications to treat universal health issues like
fibromyalgia, brain health, and pain in an accelerated time frame.
Navigating that type of international growth is difficult, and
something I have deep experience with. I hope to leverage that
knowledge to assist the Flora team in making sound strategic
decisions that will fuel Flora’s growth on an international scale.
I truly believe in the potential of the cannabis industry to
improve the health, welfare and longevity of people around the
globe. I feel that I have found the right fit in supporting this
organization.”
Currently an Executive in Residence at Beloit College, Leslie
also sits on the Board of Advisors of Endocanna Health, a start-up
focused on leveraging DNA research to understand how cannabis
interacts with the body and is a Member of the Board of New
Frontier Data, the industry's leading authority in statistical
analysis of markets and behavior, as well as Vessel, Flora’s most
recently acquired luxury cannabis consumer technology company.
“We are pleased and honored to have Tim join us as the first
Chairman of our Advisory Board,” said Luis Merchan, President and
CEO of Flora Growth. “Tim’s extensive resume of leading the growth
of prominent companies and projects and his deep understanding of
the cannabis industry make Tim the ideal candidate for this role.
We will look to our newly established Advisory Board for counsel on
how to amplify our growth opportunities both domestically and
internationally. Tim will play a key role in advising on how best
to navigate the regulatory framework of building a truly global
company, something he specifically worked on in his time at Amazon.
All in all, we could not have asked for a more qualified person to
fill the role of Chairman and we truly thank Tim for his commitment
to Flora and his belief in our mission and success.”
About Flora Growth Corp.
Flora is building a connected, design-led collective of
plant-based wellness and lifestyle brands that deliver the most
compelling customer experiences in the world, one community at a
time. As the operator of one of the largest outdoor cannabis
cultivation facilities, Flora leverages natural, cost-effective
cultivation practices to supply cannabis derivatives to its diverse
business divisions of cosmetics, hemp textiles, and food and
beverage. Visit www.floragrowth.com or follow @floragrowthcorp on
social for more information.
Cautionary Statement Concerning Forward-Looking
Statements
This document contains forward-looking statements. In addition,
from time to time, we or our representatives may make
forward-looking statements orally or in writing. We base these
forward-looking statements on our expectations and projections
about future events, which we derive from the information currently
available to us. Such forward-looking statements relate to future
events or our future performance, including: the size of markets
for cannabis and cannabis products; the collaboration with third
parties; and our business prospects and opportunities. You can
identify forward-looking statements by those that are not
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as “may,” “should,” “expects,” “anticipates,” “contemplates,”
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“potential,” or “hopes” or the negative of these or similar terms.
In evaluating these forward-looking statements, you should consider
various factors, including: our ability to change the direction of
the Company; our ability to keep pace with new technology and
changing market needs; and the competitive environment of our
business. These and other factors may cause our actual results to
differ materially from any forward-looking statement.
Forward-looking statements are only predictions. The
forward-looking events discussed in this document and other
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Investor Relations Contact: Evan Veryard
evan.veryard@floragrowth.com Public Relations Contact:
Cassandra Dowell +1 (858) 264-6600 flora@cmwmedia.com
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