The legal cannabis industry has brought multi-million-dollar opportunities and sky-high returns to many, but while it’s been a tremendous opportunity with companies being valued in the billions, there are less than 10 publicly-traded cannabis companies led by women CEOs.
However, a new, woman-led company that listed in late 2018 is making some serious noise – The Yield Growth Corp. (CSE:BOSS) (OTCQB:BOSQF) (Frankfurt:YG3) is on par with some of the largest cannabis companies valued in the billions. The Yield Growth Corp also happens to be led by a female CEO, Penny Green who has been formerly recognized on PROFIT Magazine’s W100 list of top Canadian female entrepreneurs.
Penny explained her drive to me, citing that between 2015 to 2017 the number of female executives in the industry in the U.S. fell by 9%, right around the time that we saw the public capital markets begin to increasingly enter the space. The capital markets and publicly traded cannabis companies are very much dominated by men and less than 10 publicly-traded cannabis companies in North America are led by women CEOs. Men outnumber women on corporate boards by more than four times.
Penny said, “As we move into…