- Mr. Russell Wilson has been appointed to the board of directors
- Mr. Wilson is Vice President, Business Development with Prairie Merchant Corporation
- Mr. Wilson manages PMC’s portfolio of cannabis and technology holdings
- The board has approved a grant of options for 150,000 common shares to Mr. Wilson
- Indiva Limited (NDVA) is down 1.69 per cent, trading at C$0.58 per share at 2:15 pm EST
Indiva (NDVA) is pleased to announce that Mr. Russell Wilson has been appointed to the board of directors.
“We are very pleased to have Mr. Wilson join our board of directors. Mr. Wilson’s experience with several pubic company boards will provide an additional layer of oversight and governance, and his involvement in the cannabis sector will prove invaluable with respect to Indiva’s strategy going forward,” said Niel Marotta, Chief Executive Officer of Indiva Limited.
Mr. Wilson is Vice President, Business Development with W. Brett Wilson’s holding company Prairie Merchant Corporation (PMC), a private investment company based in Calgary, Alberta.
Mr. Wilson has worked with PMC since the fall of 2016 where he manages PMC’s portfolio of cannabis and technology holdings, as well as participation in the company’s extensive and diversified holdings in real estate, power/energy, sports and agriculture.
Mr. Wilson also sits on the board of Inner Spirit Holdings Ltd., a Canadian company that has established a national network of SpiritLeaf cannabis retail stores.
The board has approved a grant of options for 150,000 common shares to Mr. Wilson in his role as director of the company. The options have an exercise price of $0.59 per share and a term of 5 years. The grant of the options is subject to the approval of the TSX Venture Exchange.
A licensed Canadian cannabis producer, Indiva creates premium pre-rolls, flower, capsules, and edible products and provides production and manufacturing services to peer entities.
Indiva Limited (NDVA) is down 1.69 per cent, trading at C$0.58 per share at 2:15 pm EST.
