David Racz

Chairman of the Board

David Racz has held global senior executive positions at Pfizer, GlaxoSmithKline, and Novartis. In his various capacities, he has been responsible for developing strategy, directing multiple country operations, sales, marketing, and leading multiple corporate functions. Mr. Racz has extensive experience and success in start-up companies, spanning the nutraceutical and medical cannabis industry. From 2006-2008 he served as a member of the executive management teams for Mova Vie. As Senior Vice President of Operations and Distributor Relations, his leadership was instrumental to the success of the company and its identification as “one of the fastest growing companies in the US,” achieving revenues of $1 billion in a 2-year span. In 2009 Racz was an early pioneer in the emerging medical cannabis industry in the state of Colorado. From 2009-2012 he acquired interest in and operated multiple dispensaries; established the first testing laboratory in Colorado; oversaw the design and build of a 30,000 square ft, full-compliment and license cultivation facility (one of the first of its kind in the state). Mr. Racz recently served as the Vice Chairman of the board for POS Bio Sciences.