10/18/2018 13:50 EDT | Updated 10/18/2018 13:57 EDT

A Bunch Of High-Profile Ex-Politicians Have Gone Into The Weed Trade

Brian Mulroney isn't the only one to jump into this business.

Peter Power/CP
Former Conservative MP Julian Fantino speaks at his election night reception for in Vaughan on Oct. 19, 2015.

OTTAWA — Former prime minister Jean Chretien once joked while in office that he would be ready to smoke marijuana in retirement, but a number of politicians and political operatives have actually found a spot in the cannabis industry.

Here are some of the more high-profile former politicos in the marijuana trade — and the one whose entry didn't quite work out.

Julian Fantino

After a long career in policing, including as chief of police in Toronto, Fantino became a Conservative MP and a cabinet minister under Stephen Harper. He is chairman of the board for Aleafia Inc., a medicinal cannabis company.

Martin Cauchon

A former Liberal MP and cabinet minister under Jean Chretien, Cauchon was justice minister in 2003 when the government introduced a bill to decriminalize small amounts of cannabis. He is chairman of the board for 48North, a medicinal marijuana company.

Nathan Denette/CP
Martin Cauchon speaks at the Canadian Club in Toronto on June 16, 2015.

Herb Dhaliwal

Another former Liberal cabinet minister under Chretien, he founded cannabis producer National Green Biomed Ltd., a B.C.-based company that was working to launch a nearly 2,800-square-metre facility in the Fraser Valley.

Terry Lake

The former mayor of Kamloops and B.C. Liberal health minister is vice-president of corporate and social responsibility for HEXO Corp, a cannabis producer. The co-founder of the company is Adam Miron, who was once on the national board of directors for the Liberal Party of Canada.

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Mike Harcourt

The former B.C. NDP premier has been chairman of the board for True Leaf Medicine International Ltd., which oversees two divisions — one for medicinal marijuana, the other for hemp-based products for pets.

Ernie Eves

The former Tory premier of Ontario is chairman of the board for Timeless Herbal Care, a Jamaican medicinal marijuana company, and Asterion BioMed Inc., a health company that also provides medicinal cannabis services.

Adrian Wyld/CP
Ernie Eves waves as he leaves the stage following a speech at the Ontario PC leadership convention in Toronto on Sept. 18, 2004.

Chuck Rifici

A one-time Liberal Party of Canada chief financial officer — he served as treasurer for five years until June 2016 — heads the private equity firm Nesta Holdings Co., which invests in cannabis companies.

Brian Mulroney

The former Progressive Conservative prime minister will join the board of directors of Acreage Holdings, an American cannabis company, in November. The news broke on Wednesday when recreational cannabis became legal in Canada.

John Turner

In 2014, Mulroney's Liberal foe backed a bid by a company called Muileboom Organics to turn into a medicinal cannabis grower. Locals weren't interested, the project didn't go ahead and Turner backed out.

Fred Chartrand/CP
Then-Liberal Leader John Turner and Conservative Prime Minister Brian Mulroney point fingers at each other during a debate from the 1988 federal election campaign.

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