18:26:51 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



Tweed Marijuana Inc
Symbol TWD
Shares Issued 40,117,001
Close 2014-10-27 C$ 1.82
Market Cap C$ 73,012,942
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Tweed Marijuana names Bell as director

2014-10-28 08:03 ET - News Release

Mr. Bruce Linton reports

TWEED STRENGTHENS BOARD OF DIRECTORS

John Bell, FCPA, FCA, ICDD, is joining Tweed Marijuana Inc. as the most recent addition to the company's board of directors.

Mr. Bell brings a wealth of experience across a number of industries with links to the Tweed business model. Currently the principal at Onbelay Investment Corp., Mr. Bell has also held executive and corporate leadership roles at DelMar Pharmaceuticals, Shred-Tech, the Crohn's and Colitis Foundation of Canada, the Waterloo Regional Police Commission, and many others.

"The first thing I noticed at Tweed was the infectious corporate culture. It is an exciting time for this industry, and I think my experience successfully growing Canadian companies is going to be an asset to this group, who are already doing great things," Mr. Bell said.

Mr. Bell founded Shred-Tech and grew it into a global giant in the mobile document shredding and recycling industry. After selling Shred-Tech in 1995, he purchased Polymer Technologies and grew it from a local plastics manufacturer to a global auto parts company before exiting in 2007. Mr. Bell also served as interim chief executive officer and director of ATS Automation (Toronto Stock Exchage), which operates 24 global manufacturing facilities, has 4,000 employees, and had $700-million in sales during a time of management and board renewal in 2007. Mr. Bell was the lead investor and chairman of BSM Wireless (TSX Venture Exchange). First investing in 2006, he led board and management renewal leading to substantial and profitable growth before successfully exiting in 2014.

"John has significant experience and perspective on scaling up businesses," said Bruce Linton, the executive chairman and co-founder of Tweed. "He has a strong track record of success and together we're going to drive Tweed forward."

Tweed continues to position itself at the forefront of the emerging medical marijuana industry. This key addition comes at a time when Tweed is preparing to release the largest crop it has ever harvested.

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