Article by Vanmala Subramaniam, Ottawa Citizen
Former Ontario finance minister Charles Sousa — who was once in charge of administering the Liberal government’s cannabis retail plan — has become the latest politician to enter Canada’s multi-billion-dollar cannabis industry.
Sousa, who lost his seat in Ontario’s provincial election this past June, will join the board of Lobo Genetics, a Toronto-based cannabis technology company that manufactures a device aimed at determining the extent to which a person will respond to certain strains of pot, depending on psychoactive potency.
“I spent some time as minister overseeing the cannabis file and figuring out how to best distribute cannabis as well as protect the health of Canadians. Lobo was interesting to me because it helps people detect and understand the consequences of THC on their health,” Sousa told the Financial Post.
The former politician said he was impressed with the team at Lobo, and had been looking for a way to get involved in the “health side” of the cannabis industry. “I wanted to find a company that would enable us to look at what the consequences of legalization are to the health of Canadians. These guys are highly technical and very smart at what they do,” Sousa said.