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Brian Mulroney joins board of directors of New York-based pot company

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October 18th 2018
Brian Mulroney, former prime minister of Canada,
Brian Mulroney, the former prime minister of Canada, right, listens during a Senate Foreign Relations Committee hearing on the Canada-U.S.-Mexico relationship, on Jan. 30, 2018, on Capitol Hill in Washington. File photo by The Associated Press

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Former prime minister Brian Mulroney is joining the board of directors of an American cannabis company.

Acreage Holdings, one of the largest vertically integrated cannabis companies in the U.S., says Mulroney will officially become a board member in November, when the company will list in the Canadian Securities Exchange.

Mulroney, who served as prime minister 1984 to 1993, will join other prominent former U.S. politicians in the board of Acreage, including former House of Representatives speaker John Boehner, and former Massachusetts governor William Weld.

The news comes on the day when recreational cannabis becomes legal in Canada.

In a statement released by the New York-based company, Mulroney says he is pleased that Canada has taken a leadership role in the field in North America, adding that he's "encouraged about the prospects of what the end of prohibition" will mean for the country.

Mulroney's daughter, Caroline Mulroney, is the attorney general of Ontario and has been overseeing the legalization of marijuana in the province.

October 18th 2018

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GD51 | October 18th 2018, 02:02 pm

How will it be OK for Mr. Mulroney to enter the United States from Canada once he is on a board for a US cannabis company? Would this not be considering aiding and abetting in the trafficking of what is still a Schedule 1 drug in the US at the federal level? And therefore would he not be banned from entering the US for life if he tries to cross the border now that it is common knowledge that he is on this board? It will be interesting to see how US border rules will be applied to those with high profiles vs. those who are simply investors in such companies.