Marc Lustig
About Marc Lustig
Marc Lustig Chairman and CEO
Marc Lustig holds the position of Chairman and Chief Executive Officer. His leadership responsibilities include driving the company's vision, strategic goals, and operational initiatives. Under his direction, the company aims to achieve its objectives and maintain a competitive position within the industry. Marc Lustig's role involves both high-level oversight and detailed involvement in various aspects of the business.
Lead Director of PharmaCielo
Since November 2020, Marc Lustig has served as the Lead Director of PharmaCielo. In this capacity, Lustig is responsible for providing guidance and strategic direction to the company's board and executive team. PharmaCielo focuses on the production and supply of high-quality medicinal cannabis extracts, and under Lustig’s leadership, it aims to enhance its operational efficiency and market presence.
Founder and CEO of CannaRoyalty Corp.
Marc Lustig was the founder and CEO of CannaRoyalty Corp., also known as Origin House. His tenure at CannaRoyalty Corp. was marked by significant growth and development, leading to its eventual acquisition. Lustig's entrepreneurial vision was central to the company's success and its notable sale to Cresco Labs Inc. in 2020. This transition marked a pivotal moment in the industry, highlighting Lustig’s impact on the cannabis sector.
CannaRoyalty Corp. Sale to Cresco Labs
In 2020, CannaRoyalty Corp. (Origin House) was sold to Cresco Labs Inc. This acquisition was a significant transaction in the cannabis industry. Under Marc Lustig's leadership, the company reached a level of growth and market positioning that made it an attractive acquisition target. The sale to Cresco Labs Inc. exemplifies Lustig's effective management and strategic planning capabilities.
Marc Lustig's Educational Background
Marc Lustig holds a Master of Science (M.S.) and a Master of Business Administration (M.B.A.) from McGill University. His advanced educational background provides a strong foundation in both scientific and business principles. These credentials have equipped him with the necessary skills to lead and grow companies within the pharmaceutical and cannabis industries.