BlackShire appoints Dr. Ira Jacobs as Consulting Scientific Director to guide the firm’s Executives in Residence on new science-based cannabis businesses

Prominent physiologist and U of T Professor adds further depth to company’s EIR program

Toronto, April 30, 2019 — BlackShire Capital is extremely pleased to announce the appointment of a prominent scientist and University of Toronto Professor, Dr. Ira Jacobs, as the company’s new Consulting Scientific Director. Dr. Jacobs transitions from the firm’s EIR program to this new role.

“Dr. Jacobs brings more than 25 years of scientific research depth to our firm. He has managed large teams and budgets and knows how to get complex projects to completion. Among his many research achievements, he is renowned internationally for his expertise in human performance physiology developed while working with the Canadian military as Chief Scientist of DND’s human sciences research centre. What he brings to BlackShire, given our unique focus on creating business in the cannabis space is unparalleled” said BlackShire Chairman and CEO, Kevin Reed.

BlackShire’s Executive in Residence program pre-selects experienced executives to explore areas of opportunity in the growing cannabis space. The Company matches up former world class CEOs and business leaders with their investments in a great early stage company or, as has been the case more recently, works with the EIR to co-found a new company in a high growth category.

“As a scientist, I am excited and encouraged by the early evidence about the potential for effective therapeutic and well-being applications of cannabis. For example, I have heard many first-hand accounts from soldiers suffering from PTSD about the positive effects of medical cannabis that they experienced.  Those testaments reinforce the importance and urgency of creative and rigorous research to generate the knowledge that will validate the use of cannabis derivatives in lieu of interventions that pose more serious health risks. I see a world of opportunity in this category and look forward to advising our firm and the EIRs on these journeys” said Dr. Jacobs.

About Ira Jacobs, DrMedSc

Dr. Ira Jacobs is currently a Full Professor in the Faculty of Kinesiology and Physical Education at the University of Toronto where he also holds a cross-appointment in the Department of Pharmacology & Toxicology. He received his doctorate in 1981 from the Department of Clinical Physiology at the Karolinska Institute in Stockholm, Sweden, where he specialized in skeletal muscle metabolism. For the next 25 years he carried out extensive applied human physiology research and was appointed to roles with increasing leadership responsibilities at the Canadian federal government’s human sciences research centre operated by the Department of National Defence, where he attained the position of centre Chief Scientist. During that period, he received scientific research awards for his initiation and leadership of a unique international research group of physiologists and physicians who provided physiological support and advice about physiological, nutritional and pharmacological strategies to sustain and enhance the performance of military personnel. He has published over 200 scientific articles, reports and book chapters about his research interests which include: performance enhancement through pharmacological and nutritional manipulation of metabolism, the physiological responses to physical exertion in environmental extremes, and energy metabolism. He is a past President of the Canadian Society for Exercise Physiology, and is an inducted Fellow of the Canadian Academy of Health Sciences, the American College of Sports Medicine, and the US National Academy of Kinesiology. He also has prior experience as Vice-President of R & D in the nutraceutical industry. His senior leadership roles have included managerial, administrative, and fiduciary responsibilities and accountabilities for large numbers of scientific, technical, administrative, and academic staff. He received the Canadian Peacekeeping Service medal from the Government of Canada for his work with the United Nations Special Commission on Iraq as a biological weapons inspector in Iraq 1995-1998.