December 1, 2021

‘The Parent Company’ Names Tiffany McBride As The Managing Director Of Social Equity Ventures

The Parent Company — a publicly traded U.S. cannabis organization backed by Jay-Z — has named Tiffany Mcbride the managing director of its social equity ventures.

She will oversee The Parent Company’s Social Equity Ventures program and help identify more minority entrepreneurs working in the cannabis sector to offer them capital and mentorship.

“This is an exciting time to join The Parent Company as the Managing Director of Social Equity Ventures to continue to ensure that minority communities have a seat at the table in the cannabis industry,” McBride said in a press release. 

“The Social Equity Ventures Fund and the recent opening of LA’s first Black Woman-Owned Dispensary, Josephine & Billie’s, are just some of the ways we are already making progress toward a more equitable future in cannabis,” she added.

McBride joins from Docstur, LLC, where she previously served as Chief Operations Officer. She brings over 15 years of experience in results-driven strategy development to The Parent Company.

This move comes a few months after The Parent Company appointed Troy Datcher to CEO, making him the first Black CEO to lead a public cannabis company in the U.S.

Dubbed California’s leading vertically integrated cannabis company, the firm was founded in January 2021.

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Abbianca Makoni

Abbianca Makoni is a content executive and writer at POCIT! She has years of experience reporting on critical issues affecting diverse communities around the globe.

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