Marijuana firm Tilray taps ex-Goldman Sachs managing director

Canadian marijuana cultivator Tilray said it is hiring former Goldman Sachs Managing Director Andrew Pucher as chief corporate development officer.

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Pucher – the latest Wall Street executive to enter the marijuana industry – most recently covered cannabis stocks for Goldman as part of his role as managing director and head of Canadian Diversified Investment Banking.

At Tilray, he will head up the British Columbia-based company’s mergers and acquisitions as well as corporate investments.

Tilray’s recent strategic moves include:

• A joint venture with alcohol group AB InBev.
• A partnership with pharmaceutical group Sandoz.
• The acquisition of hemp giant Manitoba Harvest.

The company has been hiring executives from diverse corporate backgrounds to head up its management team.

Pucher joins former Nestle executive Greg Christopher (executive vice president of operations) and Starbucks veteran Charlie Cain (vice president of retail).

Tilray, which trades on the Nasdaq under the ticker symbol TLRY, reports its quarterly and full-year results March 18.

More details of Pucher’s appointment are available here.