Hemp focused pharmaceutical company One World Pharma announced that it has appointed NBA legend and international businessman Isiah Thomas as CEO and Vice Chairman of its Board of Directors. Thomas takes over from the company's Co-Founder and CEO Craig Ellins, who is expected to retire.
The appointment of Thomas comes at a pivotal time for OWP as the business embarks on the revenue inducing phase of its business plan highlighted by a CBD Distillate and CBD Crude supply agreement with Las Vegas based Hemp Inc . The companies' intent to purchase agreement was first announced in February of this year.
Mr. Thomas is the ideal person to lead us in this new phase as we commence commercial sales and revenues, lending to our cause his international business experience, myriad relationships, and commitment to winning.
Ken Perego, Exec Chmn, One World Pharma
From the NBA to International Entrepreneur to Cannabis
Following his NBA Hall of Fame and 2x NBA Champion playing days, Thomas founded Isiah International LLC, an investment holdings group which has direct involvement in several companies including Isiah Real Estate, a development firm specializing in commercial properties; Isiah Imports, an international champagne import company; and GRE3N Waste Removal, a provider of environmental services.
Isiah International also manages Thomas Hemp Products, a hemp and CBD company.
Earlier this year, the company announced a partnership with VESL Oils, a Colorado-based cannabis company licensed to extract CBD Oils and manufacture CBD products for sale throughout the entire United States.
In this role as OWP's CEO, Thomas has quite a challenge ahead of him as the company's stock price has fallen -85% over the past three months.
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