Chuck Rifici

Chuck Rifici
Born Charles Rifici
(1974-11-16) November 16, 1974
Ottawa, Ontario, Canada
Residence Ottawa, Ontario, Canada
Nationality Canadian
Education

MBA, Queen's University, 2005

B.A.Sc., Computer Engineering, University of Ottawa, 2002
Alma mater University of Ottawa
Queen's University
Occupation Founder of Tweed Marijuana Inc
CFO of Liberal Party of Canada
Awards
  • Innovator of the Year
  • Startup of the Year
  • Canada's Most Innovative Companies
  • Alumnus/Alumna Entrepreneur of the Year, Faculty of Engineering
  • Exceptional New Business Award
  • Forty Under 40

Chuck Rifici (born Charles Rifici) is a Canadian entrepreneur, former CEO of Tweed Marijuana Inc, and former CFO of the Liberal Party of Canada.[1]

In 2011, Rifici was appointed CFO of Liberal Party of Canada by interim party leader Bob Rae, an appointment upheld by incoming Liberal leader Justin Trudeau.[2] He is currently CEO of Nesta Holding Co., a private equity firm that invests in the cannabis industry.[3]

Rifici got an MBA from Queen's University and a B.S.C. from the University of Ottawa. He is also a Chartered Professional Accountant. Rifici launched a software startup as a second-year engineering student at the University of Ottawa.[4] Prior to Tweed, Rifici served as CFO of Select Start Studios, CFO of Marchwell Ventures Ltd, CFO of Impatica Inc, and CFO of Cybersurf Corp.[5]

In 2014, Rifici and Bruce Linton founded Tweed Marijuana Inc., taking it public in April 2014. Tweed Inc., based in Smiths Falls, Ontario, soon became Canada's biggest full-scale producer of government-sanctioned cannabis.[2] Later in 2014, Rifici stepped-down as Tweed's CEO; some news articles indicate that he was ousted by the Board. He was subsequently replaced by Linton. (The company was renamed Canopy Growth Corporation in September 2015.) [6][7]

In 2014, Rifici was also named to the Top Forty under 40 by Ottawa Business Journal, alumnus of the year by the University of Ottawa faculty of engineering, and exceptional new business award by the Ottawa Chamber of Commerce.[2]

In 2015, Rifici started a new company with a plan to invest in various aspects of the cannabis industry. Nesta Holding Co. has invested in 15 companies, including Cannabis Wheaton which helps marijuana producing startups to expand.[7][8]

References

  1. ↑ "Liberal Party - National Board of Directors".
  2. 1 2 3 Helmer, Aedan (October 2, 2015). "Liberal CFO could rake in marijuana money with legalization". Ottawa Sun. Retrieved January 30, 2017.
  3. ↑ https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=333727411
  4. ↑ "Medical marijuana tycoon plays down controversy over CFO job with federal Liberals".
  5. ↑ "Charles Rifici B.A.Sc. - Businessweek profile".
  6. ↑ "Tweed Marijuana co-founder Chuck Rifici resigns from board".
  7. 1 2 http://business.financialpost.com/investing/the-godfather-of-canadian-weed-is-digging-himself-out-of-another-sticky-situation
  8. ↑ https://www.theglobeandmail.com/investing/markets/stocks/CBW-X/
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