January 8, 2021 /Novamind Inc. (CSE:NM) (“Novamind” or the “Company”), a mental health company specialized in psychedelic medicine, is pleased to update shareholders on the recent appointment of Chuck Rifici, a pioneer of the global cannabis industry, to the Company’s Board of Directors. Mr. Rifici joined Novamind’s Board in connection with the completion of the Company’s going public transaction on the Canadian Securities Exchange.
“I am excited to join Novamind’s Board of Directors and to support their operating model for clinical care and clinical research in psychedelic medicine,” said Rifici. “Scaling a world-class company in a newly regulated industry requires visionary leadership, expertise and resources, which Novamind has brought together very effectively.”
Rifici brings a wealth of experience as a pioneering investor and operator in the cannabis sector. He co-founded Canopy Growth Corporation (WEED), Auxly Cannabis Group Inc. (XLY) and the Feather Company Ltd. (Private). From 2011 to 2016, Rifici served as Chief Financial Officer of the Liberal Party of Canada. A Chartered Professional Accountant, Rifici obtained his MBA from Queen’s University and holds a BASc in Computer Engineering from the University of Ottawa.
Yaron Conforti, Chief Executive Officer and Director of Novamind commented: “Chuck is a tremendous asset to Novamind. His expertise will guide our team as we scale our business and contribute to responsibly shaping psychedelic medicine.”
Rifici joins the Board at a unique inflection point for Novamind. The Company recently closed an oversubscribed private placement of CAN$10.0 million. Novamind is using the proceeds to grow its network of mental health clinics and clinical research sites, organically and through acquisitions. On January 5th, 2021, Novamind began trading as a public company on the Canadian Securities Exchange under the ticker symbol “NM”.