1933 Industries Inc. announced that Ms. Jeannette VanderMarel will be providing advisory services to the Company in the areas of business development and corporate governance.
Ms. Jeannette VanderMarel brings deep cannabis experience, having served as Co-CEO of Canadian licensed producer, 48North and as CEO of Beleave Kannabis. Ms. VanderMarel is well known in the Canadian legal cannabis industry as a trailblazer as she was also the co-founder of The Green Organic Dutchman, one of Canada’s early Licensed Producers of medical cannabis. She is an early entrepreneur in the cannabis industry and was also the co-founder and President of Good & Green, a cannabis company that was wholly bought by 48North. Inspired by her personal experience, including her career as a critical care and pediatric intensive care nurse as well as her daughter’s battle with Dravet Syndrome, Ms. VanderMarel has a strong passion for and commitment to the cannabis industry, recognizing the opportunity cannabis presents to improve lives, combat the growing reliance on opiates, and improve wellness and health by offering new and innovative treatment alternatives.
“We are extremely pleased to welcome Jeannette as an Advisor to the Company,” said 1933 Industries’ CEO, Mr. Chris Rebentisch. “As a pioneer and innovator in the cannabis industry, Jeannette’s wealth of knowledge as an operator will be valuable as we continue to look for new business opportunities and growth markets in the US and Canada. We have a unique, differentiated business model as a consumer-packaged goods company, building a competitive house of brands with integrated IP development and cultivation, extraction and manufacturing assets sustaining our value chain. Jeannette understands our differentiated approach and competitive advantages in both the THC and CBD markets. Expansion into the most attractive cannabis segments and markets are key priorities for the Company and we look forward to working with Jeannette on identifying strategic business partnerships and growth initiatives.”
The Company also announces the incentive grant of 1,000,000 stock options to its directors, officers, consultants and employees pursuant to the Company’s stock option plan. The options are exercisable for a period of three years at a price of $0.35 per share and will vest over a three-year period.