George Scorsis is a professional businessman from Toronto who works in the medical and controlled beverage industry. He deals with a variety of drugs and alcohol, including energy drinks, medical cannabis, and now a variety of psychedelics.
George has been the executive chairman of Entourage Health, formerly known as WeedMD, since February 2019. Entourage Health is a publicly traded company that makes cannabis goods for medical and recreational use.
George Scorsis Early Years
George Scorsis first got his bachelor’s degree in administrative studies from York University. He then went on to get his MBA from Queen’s University. Being part of a close-knit immigrant community when George was young taught him the value of hard work.
He feels very close to his roots and family because he used to go to Rhodes, Greece, as a child to see them. As an adult, he rides motorbikes on the same roads where he played as a child.
He enjoys riding his bike through the country, taking in the scenery, and having friendly conversations with people who live there.
George Scorsis Career
George Scorsis is a former businessman from Florida who now lives in Toronto. He has a lot of experience working in several highly regulated industries, such as energy drinks, alcohol, medical cannabis, and medical psychedelics.
His work experience gave him a special set of skills that have helped him in all the jobs he’s had over the years. Even though there are strict rules about it, he has been able to grow several businesses.
George Scorsis has been in a lot of leadership roles in his career. He was Managing Director of Red Bull Canada, Executive Chairman of Starseed, Director of PlantFuel, Chairman of Tassili Life Sciences, Chairman of Awakn Life Sciences, and Chairman of the Board of Directors of Scythian Biosciences Corp.George served on the Board of Directors of the Canadian Beverage Association from 2012 to 2016.
He did this by drawing on his experience as an executive at Bacardi Canada, a company that distributes drinks, and Red Bull Canada, a major distributor of the famous energy drink Red Bull.
Not only would Scorsis be very helpful in reorganizing the company, but it would also help it grow its business to make over $150 million. At the beginning of his job, he also worked closely with Health Canada, which is the government department in charge of national health policy.
There, he helped make rules for the energy drink market.This is what Scorsis said about working in a business with a lot of rules: It can be hard to get started when you work in a regulated workplace because of all the rules and regulations.
You can make a business model here that most other people won’t, so this is the chance and the empty room you need. People who work for the government should see them as partners, and you can help them make good policies by being an expert in the field.
When a sensible policy is made that protects both patients and consumers while still letting business happen, everyone wins. This method has worked well for alcohol, energy drinks, drugs, and more… Treat them like a partner at all times.
Recently, Scorsis has become interested in business possibilities in the medical use of psychedelics and medicines made from plants. He is known to believe that psychedelics can help people when used with the right kind of treatment. He thinks that they could be useful as alternative medical treatments.
President George used to be the Chairman of Tassili Life Sciences Corp., which did groundbreaking research on how psilocybin and CBD can be used to help PTSD, OCD, and Post-Concussion Syndrome.Scorsis is now on the board of directors of PlantFuel, a business that deals with plant-based wellness.
Scorsis has been interested in charity work outside of his work, especially in his Toronto community. He has made a big difference in the betterment of his neighborhood and has helped a lot of groups across the country.
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Scorsis was in charge of a food drive to support The Agincourt Food Bank in Scarborough, Ontario. In Agincourt at the time, gifts were going down while people’s needs for food kept going through the roof.
In the past, the organization has had a lot of requests during the summer, which used up all of their goods. Scorsis answered their call for help and got business leaders in the Scarborough area to organize truckloads of food to be dropped off at the Agincourt Food Bank. He also spread the word about the need for more donations.
The donors who came forward talked about how much they loved growing up in the area and how diverse it was. And Scorsis said: “Scarborough was our safe place. We’re proud to be from there, and it’s also a big part of who we are now.” Many of us have moved away, and things have changed, but Scarborough will always have a special place in my heart.
It shocked me to see how hard it is for the ACSA Food Bank to help the people in the area. The Agincourt Food Bank needs our help more than ever, and I urge everyone in the community to do what they can to send as much food and materials as possible to the pantry.
George Scorsis Net Worth in 2024
George Scorsis has a net worth of around $168,407 as of 2024. This includes his holdings in public companies such as:
- 1,130,725 shares (2.93%) in Awakn Life Sciences Corp valued at $163,955
- 492,878 shares (0.16%) in Entourage Health Corp valued at $4,436
- 5,205 shares (0.03%) in Plantfuel Life Inc. valued at $16
As the CEO and Executive Chair of WeedMD Inc., Scorsis received a total compensation of $172,163 in 2024. The search results also mention his positions as CEO of Entourage Health Corp, President and CEO of Fire & Flower U.S. Holdings, and founder of Awakn Life Sciences Corp, indicating his net worth likely comes from his executive roles and equity stakes in these companies.
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