Biome Grow Going Public Today, 10/9
October 10th, 2018
Biome Grow Inc. will begin trading on the Canadian Securities Exchange under ticker symbol “BIO” Tuesday October 9. The company is employing a conglomerate strategy, currently focused in the Atlantic Provinces of Canada, to the burgeoning legal cannabis industry. With four subsidiaries, an executive team well-versed in both the specific business of cannabis and the more general capital markets, and an impressive Board of Directors, Biome Grow is looking to dominate the underserved markets of Eastern Canada before branching out both domestically and internationally.
Biome’s Board and Executive Highlights
Steven Poirier, Board of Directors
Mr. Poirier is a veteran of the wine, beer, and spirits industry with an impressive background. The former President of Moosehead Breweries also managed Treasury Wine Estates and served as the Senior VP of Sales for Constellation Brands (now Arterra Wines Canada).
J. Mark Lievonen, Board of Directors
Mr. Lievonen brings a wealth of biotech and pharmaceutical experience to Biome Grow. He joined Sanofi in 1983, eventually becoming President of Sanofi Pasteur Limited, the company’s Canadian vaccine division. He retired from that position in early 2017 and has been involved in a number of public and private organizations at the Board level over the years.
George Smitherman, Board of Directors
Mr. Smitherman also serves on the Boards of THC BioMed (a Canadian Licensed Producer) and Global UAV Technologies. He has a deep background in government, having served as Ontario’s Deputy Premier, Minister of Health, and Minister of Energy & Infrastructure.
Khurram Malik, CEO
Mr. Malik is well-versed in the capital markets, having worked with Berkshire Hathaway, American International Group, UBS Paine Webber, and Morgan Stanley. He is a highly respected equity research analyst across a wide variety of industries and was the first analyst in North America to publish a report on the cannabis market. In fact, Mr. Malik managed the early financings and advised many of the current cannabis leaders including Canopy, Organigram, and Emblem, among others. Having worked with more than 15 cannabis companies, he is one of the most experienced people in the cannabis industry and Mr. Malik is now putting that experience to work for Biome.
Keep a close eye on Biome Grow as the company goes public, and the management team leads the execution of the plan to develop a number of regional cannabis brands under one roof.
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