NEVADA: The son of U.S. House Minority Leader Nancy PelosI, Paul Pelosi Jr., has joined Freedom Leaf as Chairman, according to a company press release. Mr. Pelosi will will be charged with overseeing corporate governance, sustainable revenue generation, and investor relations.
Mr. Pelosi is currently Executive Director of the Corporate Governance Initiative (CGI), an organization that is committed to assisting companies adhere to a system of guidelines, practices, and procedures by which a company is directed and controlled. CGI also helps companies create policies to find better balance between the interests of a company’s many stakeholders, such as shareholders, management, patrons, providers, investors, government and the public.
Mr. Pelosi stated, “I will use my influence and best efforts to make Freedom Leaf the foremost advocate and example of corporate governance in the emerging cannabis and industrial hemp business sector. Additionally, I strongly believe that the importance of driving revenue in order to increase the value for the shareholders is an important goal of a company, while still treating all other stakeholders fairly. The Freedom Leaf network is an important tool to provide factual information about the powerful benefits of cannabis. For example, veterans and first responders can develop PTSD and other maladies that result in physical and non-physical pain. The pharmaceutical industry has prescribed opiates to alleviate this pain, but has resulted in the opiate addiction crisis that we are dealing with today. It is almost impossible to withdraw from opiate addiction without some sort of aid, and cannabis seems to be a perfect way to aid in the removal of this addiction. It is also interesting that the states which have legalized medical marijuana are states with dramatically fewer opiate overdose deaths. For this reason I am excited to work with Freedom Leaf to produce factual information and products centered around the benefits of cannabis and CBD.”
Freedom Leaf’s Co-Founder and CEO, Cliff Perry, stated, “I am proud that Mr. Pelosi thinks highly of Freedom Leaf’s prospects and our commitment to the mission of marijuana and hemp legalization. We are looking forward to working closely with Paul to build our company in a way that adheres to the highest standards of Corporate Governance and pursues revenue-enhancing mergers and acquisitions.”