The best ideas are generated and executed by diverse teams. These teams are highly successful because they include individuals with various backgrounds working together pursuing a common objective. Similarly, some of the best, well vetted, and most profitable strategies are spawned from diverse boards.
Different people experience the same situation differently, therefore diversity at the board level means the inclusion of talent that is different yet complementary; talent that is packaged in various shades, shapes, and sizes, and that is present in various cultures, ethnicity, sexual orientation, and gender.
Diverse thoughts, skills, backgrounds, and experiences at the highest level of decision making will help cannabis companies build and sustain a competitive advantage in this global economy.
Shelley Albert, Director, AG Governance Consultants