Boulder, Colo. (March 23, 2022) – PRESS RELEASE – Wana Brands, a cannabis-infused edibles brand, announced today it has appointed Sandy Li to the role of Chief Financial Officer, as the company continues its expansion into new markets as well as innovating an ever-growing list of new products. Li will be based in Boulder and will report to Wana Brands CEO Nancy Whiteman.
“Sandy is a transformational business leader who possesses a strong strategic and business acumen backed by real-world experience in driving growth and strong profitability,” Whiteman said. “As we expand our presence in new markets, Sandy’s experience in the complex financial challenges of multinational and cannabis industries will be invaluable.”
Li has deep expertise in driving significant strategic transformations through M&A, international business expansion, new business development and ERP implementations. As Wana Brands’ CFO, Li will oversee all of the company’s financial operations including financial strategy and finance IT operations. In addition, as a key member of the leadership team, Li’s guidance will create opportunities as the company expands both nationally and internationally.
“I’m delighted to join Wana, a company that I have long admired for its trusted and innovative products, strategy entering new markets and commitment to racial justice within the cannabis industry,” Li said. “I look forward to working with Nancy and the team to move Wana forward on its financial and operational goals during this exciting time in Wana’s growth.”
Prior to joining Wana Brands, Li was Vice President of Finance, head of FP&A and Treasury at Parallel, one of the largest privately held multi-state cannabis operators in the United States. Before entering the cannabis industry, she held a variety of senior leadership positions at both public and private companies. Li also spent several years running her own computer hardware and software company in China. Li holds an MBA from The University of Chicago Booth School of Business in finance, strategy and entrepreneurship, and a Master’s degree in finance from Southwestern University of Finance and Economics. Sandy is a Chartered Professional Accountant (CPA) in Canada.
