Stem Holdings, Inc. (OTCQX: STMH) (CSE: STEM), vertically integrated cannabis operator, named Daryl Simon and Rajiv Rai to its Board of Directors as of March 4, 2022.
Daryl Simon is an entrepreneur, philanthropist and lifelong advocate for the arts and education.
Prior to joining the board, Simon was a member of the Stem Advisory Board and a director of Hain Celestial Group, Inc., a global pioneer and leading organic and natural products company operating in North America, Europe and India. with the best of premium brands such as Celestial Seasoning, Earth’s Best, Sensible Portions, Terra Chips, Imagine, JASON, Avalon Organics and Alba Botanica. At Hain Celestial, Simon was responsible for the company’s international business development and global expansion in Asia including India, the Middle East and Latin America including Mexico. Today, Hain Celestial Group has net sales of $2.7 billion, and international sales represent approximately 40% of the Company’s business. Simon, whose husband, Irwin Simonis President and CEO of Tilray (NASDAQ: TLRY), has also helped found international apparel companies, including Cherokee Inc., Unique Clothing Company, Memphis Apparel and Haggar Clothing Company.
Rajiv Rai is currently President of R3 Concepts Inc, Special Advisor to the Chairman of the Board at Rogers Communications, member of the Board of Directors of CONSTANTINE Enterprises Inc. and co-founder of the Board of Directors of the ONEXONE Foundation.
Rai previously served as General Manager for ES Rogers Enterprises, Vice President of Business Development at Keek, Inc., Founder and Vice President of Fastvice, Inc., and Director of Development at CORE Feature Animation.
Rai is an executive with over 20 years of experience in business development, revenue generation, partnership development, strategic management services, business process assessment and advisory services.
“Strengthening the Board of Directors with the experience and industry knowledge of Ms. Simon and Mr. Rai is in the best interest of all our shareholders. Ms. Simon and Mr. Rai joined our Board at a pivotal time. experience to help the Society as we continue to do so,” said Steve Hubbard, CEO and Acting CFO of Stem.