Adastra Holdings announces new director

LANGLEY — Canadian cannabis company Adastra Holdings Inc. has appointed Smoke Wallin to the company’s board of directors.

“We are extremely honoured and privileged to welcome Mr. Wallin to Adastra’s board of directors,” said Michael Forbes, CEO of Adastra in a statement.

“Mr. Wallin is an accomplished leader and international business builder in the CPG, cannabis, health and wellness, food and beverage, distribution, hospitality and technology industries. Mr. Wallin is a seasoned executive and serial entrepreneur who has a wealth of knowledge in the cannabis industry. I am confident that he will be an important contributor to our company’s long term success.”

Mr. Wallin is a CEO, entrepreneur, board member and philanthropist with more than 25 years of work across the consumer products, beverage, cannabis, distribution and technology industries.

He is a partner and managing director for STS Capital Partners and has frequently served as CEO for new and existing businesses. He has also been directly involved in $1.7 billion in mergers and acquisitions and financings.