Executives at hemp company Plain Jane recently announced that Todd Boren, of The MacArthur Fund and former co-CEO of Form Factory, Inc., has joined their C-Suite team as co-CEO.
In 2018, as co-CEO of Form Factory, Boren successfully crafted and lead the merger of Form Factory to Acreage Holdings, for a purchase price of $160 Million. This marked one of the largest exits in the US cannabis industry history at that time. In addition to Form Factory and under his leadership, Boren assisted in the merger of a drug delivery company, Chemistry Holdings, Inc., to Cure Pharmaceuticals for $107 million.
Over his 25-plus-year career managing securities and venture capital acquisitions, Boren also helped create and successfully exit two FINRA broker dealers: International Assets Advisory and Pinnacle Financial Group.
Along side Todd, Peter Glik has also joined the Plain Jane team as Chief Strategy Officer. Glik was Director of Business Development and Strategy at Form Factory. Peter also advised to Boren directly on strategic opportunities for the MacArthur fund. Today’s announcement follows a number of recent developments for the company, including new partnerships and domestic and global expansion. Glik’s comment: “After spending time at Form Factory focused on national and product strategy for some of the largest brands in cannabis, I am excited to focus on one brand that I believe will be disruptive to the US and emerging global markets. My passion aligns with my mission at Plane Jane; building brand loyalty within the industry.”