Verde Announces John K. Bell Former Chairman of Canopy Growth As Special Advisor to Board of Directors

(Justin, TEXAS, December 15, 2021) - U.S.-based cannabis company, Verde USA, LLC, announced earlier today that Mr. John K. Bell has agreed to act as a Special Advisor to Verde’s Board of Directors.

Established in 2016, Verde USA, LLC is a rapidly-growing vertically integrated cannabis company, operating with transparency and integrity while offering a generous suite of quality U.S.-grown and manufactured cannabis products to responsible consumers.

 

William D. Merritt, Founder and CEO of Verde, stated: “Verde is thrilled and honored to announce that John K. Bell has agreed to act as Special Advisor to our Board of Directors.  Mr. Bell has in-depth knowledge and experience building cannabis companies and capturing value for stakeholders. In addition to his extensive knowledge base, Mr. Bell has valuable contacts in both the operational and financial market arenas. Mr. Bell will provide strategic advice at the corporate level and assist in execution of Verde’s domestic growth plans as well as its plans to become publicly listed on the Canadian Stock Exchange.  The Board unanimously agreed that John is the perfect fit to help guide our growth and advance our capital raising efforts as well as our efforts to become publicly traded on the Canadian Securities Exchange.”

John has a distinguished 40-year career of business success including executive management, corporate governance, financing and M&A. He is Chairman of Stack Capital, a TSX listed company investing in later stage pre-public private companies. He is Chairman of Pure Jamaican Limited, a producer of medical pharmaceutical cannabis for export, a board member of Cure Pharmaceutical, a drug delivery and development company. From 2014 to 2020, he was Chairman of the Board of Directors of Canopy Growth and Canopy Rivers as they grew the company from pre-legal to the global leader in the cannabis industry with a market cap of $20B - he stepped down after successful exit to Constellation Brands with their $5B investment. He was founder, owner and CEO of Shred-Tech, Inc. a global manufacturer of shredding and recycling equipment and creator of the mobile shredding Industry. He was owner and CEO of Polymer Technologies, Inc. a global manufacturer of auto-parts. He was Chairman and principal shareholder of BSM Technologies, Inc. (TSX) a fleet management company.  He was also CEO and director of ATS Automation (TSX) with 24 global manufacturing facilities, 4,000 employees and $700 million in sales during his time of management.  John was the lead investor and Chairman of BSM Wireless, where he led the company to substantial and profitable growth before successfully exiting in 2014.  John also sits on the Board of Strongco Corporation, which is traded on the Toronto Stock Exchange.