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TheraTrue hires new CEO as it pursues licenses in Georgia and Virginia

Today, TheraTrue, a medical cannabis production company, announced the addition of cannabis industry veteran Victor E. Mancebo as the company’s CEO. In addition, TheraTrue has received $50 million in funding commitments and submitted medical cannabis license applications in Georgia and Virginia.

Victor E. Mancebo has joined TheraTrue as CEO. Mr. Mancebo also serves as COO of TheraTrue Georgia LLC and TheraTrue Virginia LLC. Prior to joining TheraTrue, Mr. Mancebo served as President and CEO of Liberty Health Sciences, a vertically integrated medical cannabis company based in Florida that is a public company. Mr. Mancebo is of Afro-Caribbean origin, thereby aligned with TheraTrue’s mission of diversity in leadership, ownership and team members.

In Georgia, TheraTrue applied for a Medical Cannabis Production License with intention to establish its facilities in Louisville, located in Jefferson County. In Virginia, TheraTrue submitted an application for the Pharmaceutical Processor License in Health Service Area 1 (HSA1), with its projected facility to be located in Staunton, Virginia. Georgia made the production of medical grade pharmaceutical medication containing low levels of THC to treat specific medical conditions for patients registered with the state’s Low THC Registry legal in 2019.

For more information:
TheraTrue
[email protected]
www.theratrue.com

 

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