Canadian cannabis companies face dearth of female directors
Since co-founding the Green Organic Dutchman, a medical cannabis producer based in Ancaster, Ont., Jeanette VanderMarel says she has often found herself the only woman in a room full of men.
“There seems to be, at times, a bit of condescension,” says VanderMarel, a former nurse who delved into the medical marijuana sector after losing her daughter in 2003 to Dravet syndrome, or uncontrollable seizure disorder.
Her experience as a woman in the young, fast-growing industry is not uncommon.
Women are under-represented in the boardrooms of corporate Canada, holding just 12 per cent of board seats at 677 TSX-listed companies analyzed by provincial regulators last year. But the disparity is larger in the medical marijuana business.
Only 5 per cent of the board seats at publicly traded marijuana producers are currently occupied by women, according to an analysis of data conducted by The Canadian Press.
Published by the Canadian Press.