Cannabis investment company Terrace Global Inc. has announced the appointment of Hess Moallem to its International Advisory Board. Mr. Moallem becomes the sixth person on the Board, bringing diverse experience in multiple C-level areas.
“Hess brings a unique international perspective to our company,” said Terrace Global Chief Executive Officer Francisco Ortiz von Bismarck. “While at Charlotte’s Web, he was a guiding force behind its branding, operations and go public strategy and has traversed the world looking at opportunities in the cannabinoid industry.”
Mr. Moallem’s experience is in the consumer-packaged goods industry, where he has worked in sales, marketing, supply chain, manufacturing, business development, international expansion/operations and legal/regulatory roles. A qualified attorney, he has most recently served as President, Director and Chief Executive Officer of cannabidiol product producers Charlotte’s Web Holdings Inc.
“I am looking forward to working with the team as they continue to develop the Company’s extraction and product capabilities with a view to leveraging its low-cost cultivation,” said Mr. Moallem. “I am excited to be a part of the Company and look forward to seeing it grow into a future global leader in the industry.”