Glen Ibbott Joins WM Technology's Board to Enhance Leadership
Glen Ibbott Joins WM Technology's Board of Directors
WM Technology, known for its leading cannabis marketplace Weedmaps, has recently announced a significant addition to its Board of Directors. Glen Ibbott, an accomplished figure in the cannabis sector, has been appointed, bringing vast experience and insights to the company.
Doug Francis, the Executive Chair of WM Technology, expressed enthusiasm for Ibbott joining the team. He stated, “Glen is an accomplished leader with deep experience in the cannabis industry and we are excited to have him join WM Technology’s Board of Directors. He brings a wealth of insight to our Board as we continue to grow both as a business and an industry, and pursue our mission of enabling safe, legal access to cannabis for consumers worldwide.”
Experience and Background of Glen Ibbott
Glen Ibbott has established himself as a seasoned executive over a career spanning more than 25 years. He is the founder of GK Financial Ventures, a financial consulting firm. Ibbott previously served as the Chief Financial Officer of Aurora Cannabis Inc., a major player in the global cannabis industry, listed on the Nasdaq and TSX. Before his tenure at Aurora, he held a critical financial leadership role at biotechnology firm QLT Inc. Moreover, his experience includes several senior finance positions at publicly traded companies across Canada.
Educational Qualifications
Ibbott is well-equipped for his new role. He holds two MBAs from Cornell University and Queen’s University. Furthermore, he has an undergraduate degree in Business Administration with a focus on Accounting from Simon Fraser University and is a Canadian Chartered Professional Accountant.
The Current Cannabis Landscape
The cannabis industry is experiencing transformative changes, with more support for legalization than ever. Ibbott mentioned, “It’s an exciting time to be in cannabis –– both in the U.S. and globally –– and with what I believe is the greatest support for cannabis in the U.S. than at any time before.” His enthusiasm for the cannabis sector underscores his commitment as he joins WM Technology. Ibbott aims to leverage his expertise to further strengthen the company's position in this dynamic industry while generating long-term value for shareholders.
What WM Technology Offers
Founded in 2008, WM Technology primarily operates Weedmaps, which serves as a premier cannabis marketplace. The platform not only facilitates consumer access to cannabis but also provides eCommerce solutions tailored for cannabis businesses and brands in states where cannabis is legal. With over 15 years in the business, Weedmaps has become an essential resource for cannabis consumers to discover products, access dispensary deals, and learn about cannabis.
The company is dedicated to fostering safe, legal access to cannabis globally, advocating for full U.S. legalization, and championing social equity in the industry. WM Technology is also committed to ongoing education about cannabis through partnerships with experts in the field.
Advocacy and Industry Impact
WM Technology actively works towards greater legalization efforts and social equity considerations within the cannabis industry. Their influence extends through various partnerships aimed at improving outcomes for consumers and businesses alike, illustrating their commitment to the future of the cannabis market.
Company Culture and Work Environment
Headquartered in Irvine, California, WM Technology is embracing modern workplace ideals, offering remote and hybrid work options for eligible employees. This flexible approach not only enhances employee satisfaction but also positions the company for success in a rapidly evolving sector.
Frequently Asked Questions
Who is Glen Ibbott?
Glen Ibbott is the newly appointed member of WM Technology's Board of Directors, bringing extensive experience in the cannabis industry.
What is WM Technology known for?
WM Technology is known for operating Weedmaps, a major online cannabis marketplace, and providing eCommerce solutions for cannabis businesses.
What qualifications does Glen Ibbott hold?
Ibbott holds two MBAs and a degree in Business Administration (Accounting) and is a Chartered Professional Accountant.
How long has WM Technology been in operation?
WM Technology was founded in 2008 and has since grown significantly in the cannabis sector.
What are WM Technology's goals?
The company aims to advocate for cannabis legalization, promote social equity, and educate consumers about cannabis.
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