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Alchemist adds new independent director to help navigate legal cannabis landscape in California

Clay is a 30-year veteran of the California department of corrections, rehabilitation, division of adult parole operations
Alchemist adds new independent director to help navigate legal cannabis landscape in California
Brian Clay has operational experience within the cannabis space

Cannabis sector-focused Alchemist Inc (CSE:AMS) said Brian Clay has joined as an independent director with immediate effect.

Clay owns and operates a (California) state-licensed private investigation company and state-licensed private patrol operator (uniformed security guard) company.

READ: Alchemist announces corporate re branding as it shifts to cannabis technology from mining industry

These provide services to the cannabis industry, which include executive protection of high profile clients and politicians, company due diligence, and high-level background investigations.

CCTV and business security needs/requirements related to security assessments.

He is a 30-year veteran of the California department of corrections, rehabilitation, division of adult parole operations. Brian retired in 2016.

Paul Mann, CEO of Alchemist, said: "Policies, procedures and regulations alongside critical security requirements are a very complex business which is why we are so pleased and honored to have Brian Clay join our board of directors.

"His operational experience coupled with his corporate and political connections will be an invaluable asset to us as we navigate the legal cannabis landscape in California and the United States."

Clay added: "I am honored to be appointed to the Alchemist board of directors. California offers tremendous opportunities for cannabis on the recreational side as well as the medicinal side to establish a strategic partnership to fully integrate into the industry.

"I am excited to be affiliated with a company that has such an exciting future."

On December 18 last year, the group told investors it was rebranding its corporate image as it makes the transition to cannabis technology from the mining industry.

The Vancouver-based company said its mission was to invest and build a sustainable portfolio of companies in the global cannabis industry with an eye on creating shareholder value.

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