Our Mission

PalliaTech leads the cannabis industry and endeavors to be the
best and most trusted cannabis-based company in the U.S. by:

  • Partnering with universities, doctors and scientists to advance scientific development and accessibility of cannabinoid medicines
  • Creating relevant and sustainable consumer-based brands
  • Delivering exceptional user experiences by continually innovating high quality, reliable cannabis products and services
  • Empowering patients and consumers by being the industry’s leading educational resource, allowing them to make the best product choices
  • Providing compassionate care in a respectful and nurturing environment
  • Delivering exceptional ROI to shareholders, health organizations and local communities

The PalliaTech Team

Leadership Team

Joseph Lusardi
President and CEO

Joseph Lusardi has over 20 years of success in finance and private equity. Prior to joining PalliaTech as its CEO, Joseph Lusardi held executive positions at Affiliated Managers Group, Liberty Mutual Group and Devonshire Investors (Fidelity Investment’s private equity arm), where he was responsible for complex merger and acquisition transactions and providing technical expertise to a multi-billion-dollar portfolio with holdings across multiple industries including agriculture, biotechnology, hospitality, energy, real estate, software and telecommunications.

Joseph Lusardi is a pioneer in the US cannabis industry and is credited with opening the first vertically-integrated cannabis operation on the east coast. He has more than five years experience developing and operating medical marijuana companies in highly regulated states. In 2010 and 2014, Joseph Lusardi developed Maine Organic Therapy and Alternative Therapies Group, Maine and Massachusett's first medical marijuana companies. From these, Joseph Lusardi gained extensive, bottom-up industry expertise in medical marijuana management.

Stuart Wilcox
Chief Operating Officer

Stuart is a seasoned operational leader with over 25 years of expertise in global supply chain, operations start-up, acquisitions, and new product commercialization at market leaders. He joined PalliaTech from Hostess Brands where he was the SVP/COO of Operations for the past two years. Prior to Hostess, he held global senior operational leadership positions at The Original Cakerie, a private Canadian company, Fresh Express/ Chiquita and ConAgra. Stuart holds a Bachelor’s degree in Mechanical Engineering Technologies from University of Toledo and a Master’s of Science from Central Michigan University.

Jonathan Faucher
EVP, Finance

Jon Faucher is an accomplished finance professional with experience working in fast-paced small to mid-sized high tech organizations. He brings extensive experience developing and implementing financial systems to drive business decisions. Prior to joining PalliaTech, Jon held finance positions at BionX Medical Technologies and Reveal Imaging Technologies, where he was responsible for all aspects of accounting and finance, focusing on cost reduction programs, ERP implementations, and government audits.

Robert Winnicki
Senior Vice President, Research and Product Development

Robert Winnicki is a leading cannabis chemist with expertise in extraction, formulation and cannabis product manufacturing. With PalliaTech’s Medical Advisory Board, Robert Winnicki leads PalliaTech’s product development team. Robert Winnicki has led research in Canada and the U.S., particularly in the areas of synthetic biology of cannabinoid production; formulation of liquid and powder-based cannabinoid formulations; chemical synthesis of USP grade cannabinoids at the 500-gram scale; outdoor cultivation of hemp including the extraction and purification of CBD and plant tissue culture aimed at producing genetically modified cannabis. Prior to joining PalliaTech, Robert Winnicki was a certified laboratory director in Colorado and former head of R&D in medical marijuana cloning and cannabinoid synthesis.

Michael Nelson
Senior Vice President, Operations

Michael Nelson has over ten years in medical marijuana cultivation design, construction, cultivation and dispensary management. He has designed, built and opened cultivation and dispensary facilities in eight states, each with differing medical marijuana regulations. Michael Nelson pioneered SOP development in the medical marijuana industry and his work has formed the foundation on which PalliaTech cultivation systems are continually refined. Prior to joining PalliaTech, Michael Nelson was the owner/operator of one of the most respected medical cannabis companies in the western United States.

Peter Clateman
General Counsel

Peter Clateman has more than 20 years legal experience in investing and investment funds, including over 15 years as general counsel. He has served as GC and CCO of The Sputnick Group and Renaissance Capital, as well as VR Capital, an award winning distressed asset fund with over $2bn AUM. Peter Clateman also served as head of Legal and was a Management Board Member of UC Rusal during its acquisition of SUAL and assets of Glencore to become the world’s biggest aluminum company. Prior to that he was an associate with Skadden Arps Slate Meagher and Flom. Peter Clateman received a JD from Columbia Law School and BA from Harvard College.

Selected Medical Advisors and Board Members

Boris Jordan
Chairman of the Board

Boris Jordan is the founder, President and CEO of The Sputnik Group, a private equity and advisory group with over $1 billion under management. Sputnik’s investments currently span 10 industries across United States, Europe and the CIS. Boris Jordan is also the President of Renaissance Insurance, a leading regional insurance and asset management business, with over $1 billion in revenue. Boris Jordan was co-founder and CEO of Renaissance Capital Group, Russia's first international investment bank.

From 1992 to 1995, Boris Jordan co-headed the Eastern European and Russian operations of Credit Suisse First Boston. During his tenure, CS First Boston became a leading investment bank in Russia, pioneering privatization, corporate finance and securities trading.

Boris Jordan is a Member of the Council on Foreign Relations (US) and a Member of the Board of Trustees of New York University. At New York University Boris Jordan endowed the Jordan Center for Russian Studies. Boris Jordan was named among 100 Global Leaders for Tomorrow by the World Economic Forum.

Dr. Steven Patierno, PhD
Chairman of the Medical Advisory Board; Board Member

Dr. Steven Patierno holds several titles in the scientific community including Deputy Director, Duke Cancer Institute, a Professor of Medicine, Duke University School of Medicine, a Professor of Pharmacology and Cancer Biology, Professor of Community and Family Medicine, and the Chairman of the Medical Advisory Board, PalliaTech, Inc.

As Deputy Director of the Duke Cancer Institute, Dr. Steven Patierno helps lead a top-ranked NCI-designated Comprehensive Cancer Center dedicated to providing leading-edge compassionate care from diagnosis to treatment to survivorship, advancing multi- and transdisciplinary cancer research and engaging in authentic prevention and community health programming. One of the original eight NCI-designated comprehensive cancer centers, DCI is one of only 41 such centers in the U.S., with more than 65,000 patient visits and 6,500 new cancer diagnoses annually and nearly 1,000 active clinical trials. The DCI includes more than 360 investigators with more than $225 million in annual cancer research funding. Prior to joining Duke, Dr. Steven Patierno served as Executive Director of the George Washington University Cancer Center, the Vivian Gill Distinguished Professor of Oncology and Professor of Pharmacology and Physiology, Genetics and Urology in the GWU School of Medicine and Health Sciences.

Dr. David Casarett, MD
Member of the Medical Advisory Board

Nationally recognized for his work in palliative care and end-of-life medicine, Dr. David Casarett is the Chief of Palliative Care Services for Duke University Health System, and Chief of the section of Palliative Care within the Division of General Internal Medicine. Formerly, Dr. David Casarett was a Professor of Medicine at the University of Pennsylvania Perelman School of Medicine, and Director of Hospice and Palliative Care at the University of Pennsylvania Health System.

He has authored several successful books, including one offering a compassionate medical practitioner’s perspective on the potential of the misunderstood cannabis plant, and his studies have resulted in more than 100 articles published in leading medical journals. Dr. David Casarett is a recipient of the Presidential Early Career Award for Scientists and Engineers, the highest honor given by the U.S. government to researchers in the early stages of their careers.

Dr. Robert Schnoll, PhD
Member of the Medical Advisory Board

Dr. Robert Schnoll serves as Associate Director for Cancer Prevention and Control at the Abramson Cancer Center of the University of Pennsylvania. He is a Professor of Psychiatry and an internationally recognized expert in risk prevention and intervention, epidemiology, patient education and counseling, tobacco addiction, nicotine dependence and treatment, and national health policy and ethics.

He is Principle Investigator to a large number of federally funded research grants including clinical trials and has extensive experience in designing and implementing clinical trials, including data management and publication, and large multi-center clinical trials.

Portfolio Operating Company Attributes

Unparalleled Product Safety and Consistency Standards

  • PalliaTech grows only high quality, select therapeutic strains of cannabis
  • Advanced cultivation methodologies to exacting quality standards
  • Internal and independent laboratory-tested products for purity and safety
  • Uniquely consistent product delivery

State-of-the-Art Cultivation and Processing Techniques

  • Over two decades team experience in facility design and construction
  • Over thirty years team experience refining operating systems designed for optimal quality, yield and consistency
  • Ability to produce high demand, pharmaceutical-grade medical cannabis products
  • PalliaTech scientists are industry leaders in extracting techniques and formulating branded products

Exceptional Product Testing

  • Industry leader in cannabis and microbial testing with certified testing facilities in Colorado and Massachusetts
  • Strict testing standards include maintaining internal analytics laboratory suite in all manufacturing facilities
  • Active R&D program including internal genotyping of in-house genetics and development of a database of 25,000 samples tested and catalogued for cannabinoid and terpene profiles
  • Database provides a unique understanding of how specific medical conditions interact with cannabis chemotypes and strain profiles

Ability to Execute in a Dynamic Industry

  • Unparalleled Medical Advisory Board comprised of pharmacologists, palliative care experts and substance abuse professionals
  • Superior extraction and formulation methodologies for production of quality product at competitive pricing; generous subsidy programs and above-average margins
  • Internal resources to enter rapidly-expanding new markets with high barriers to entry and reinvest in innovation
  • Management team with private equity backgrounds and consistent track record of creating value for investors

About Cannabis

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Chemistry of Cannabis
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