The National Cannabis Industry Association (NCIA) held its annual election to fill 9 of its 18 board seats. 18 candidates ran for election. Six of the eight incumbents seeking reelection will serve another two-year term, and the three remaining positions will be served by Mark Passerini, Michael Steinmetz and Taylor West.

Passerini, Steinmetz and West

Passerini is the co-founder of Michigan-based dispensary Om of Medicine and formed the NCIA affiliate in Illinois in 2012. Steinmetz is the CEO and founder of California-based Flow Kana . West, who previously was Deputy Director of NCIA, has worked as Senior Communications Director at COHNNABIS in Denver since last August.

The six incumbents who were reelected included:

Troy Dayton – The Arcview Group
Etienne Fontan – Berkeley Patients Group
Aaron Justis – Buds & Roses
Kris Krane – 4Front Ventures
Jaime Lewis – Coldwater Consulting
Ean Seeb – Manna Molecular

Incumbents John Davis of Northwest Cannabis and Eric Pearson of SPARC were not reelected, while Lance Ott didn’t seek reelection.

New Cannabis Ventures salutes those that are serving through leadership. Please consider supporting the cannabis industry by joining NCIA, which promotes the growth of a responsible and legitimate cannabis industry and works for a favorable social, economic and legal environment for the industry.  It will be hosting the Cannabis Business Summit in San Jose on July 25-27.

Exclusive article by Alan Brochstein, CFA

Based in Houston, Alan leverages his experience as founder of online community 420 Investor, the first and still largest due diligence platform focused on the publicly-traded stocks in the cannabis industry. With his extensive network in the cannabis community, Alan continues to find new ways to connect the industry and facilitate its sustainable growth. At New Cannabis Ventures, he is responsible for content development and strategic alliances. Before shifting his focus to the cannabis industry in early 2013, Alan, who began his career on Wall Street in 1986, worked as an independent research analyst following over two decades in research and portfolio management. A prolific writer, with over 650 articles published since 2007 at Seeking Alpha, where he has 70,000 followers, Alan is a frequent speaker at industry conferences and a frequent source to the media, including the NY Times, the Wall Street Journal, Fox Business, and Bloomberg TV. Contact Alan: Twitter | Facebook | LinkedIn | Email