Board of Directors
Richard Carleton
Richard Carleton has served as CEO of the Canadian Securities Exchange since July 2011. During his tenure, Mr. Carleton and the CSE team have positioned the exchange to play a leading role in the provision of public capital to entrepreneurial companies. Since 2014, the CSE has set a series of records for new listings, capital raised by issuers and trading turnover. An early advocate for the cannabis industry, the CSE is the global exchange leader in the sector. Recognized by the Financial Post Magazine as one of Canada’s “25 Cannabis Industry Power Players,” and a recipient of the American Trade Association for Cannabis and Hemp’s “Captain of Industry” Award in November 2018, Mr. Carleton is a frequent speaker on early-stage company finance issues around the world. In addition to his responsibilities with the CSE, Mr. Carleton is a director of two private companies: Tetra Trust Company, Canada’s first qualified custodian for cryptocurrency assets; and Blue Ocean ATS, LLC, a US broker dealer that operates an ATS providing after hours trading in US equities. He was also recently named to the Ontario Securities Commission’s “Market Structure Advisory Committee.” A member of the Law Society of Ontario since 1987, Mr. Carleton is a graduate of the University of Ottawa (B.A. ’81) and the University of Toronto (LL.B. ’85).
John Darwin
John Darwin serves as the Co-Chief Executive Officer of Northern Lights Acquisition Corp. Mr. Darwin is a co-founder and Managing Partner of Luminous Capital Inc., where he identifies engagements, guides debt and equity investment strategy, and manages operations of private and public portfolio companies. Previously, Mr. Darwin was co-founder and President of OCG, Inc. (ONE Cannabis), a United States-based cannabis dispensary franchisor. While at OCG, Inc., Mr. Darwin grew the franchise business from inception to operations across multiple states and negotiated a sale to Item 9 Labs Corp. (OTCQX: INLB), a publicly traded cannabis company. Mr. Darwin has over eight years of vertically integrated cannabis operational and venture capital experience, with experience managing large scale cultivation, vertically integrated operations, and multi-national brand strategies. Prior to the cannabis industry, Mr. Darwin held various roles in private equity and corporate finance and has a decade of professional finance and transaction experience. Mr. Darwin received his BBA in Finance from Southern Methodist University Cox School of Business.
Doug Fagan
Mr. Fagan currently serves as a member of the Board of Directors, a position he has held since April 2023. Mr. Fagan serves as the President and CEO of Partner Colorado Credit Union, a position he has held since July 2021. Mr. Fagan previously held the position of President (April 2019 – June 2021) and Chief Financial Officer (September 2017 – June 2021) for Partner Colorado Credit Union from April 2019 through June 2021. Prior to joining Partner Colorado Credit Union, Mr. Fagan served as Senior Vice President of Finance at the $4 billion MidFlorida Credit Union headquartered in Lakeland, Florida from October 2010 to September 2017. Mr. Fagan earned his Bachelors of Science in Accounting and Finance from Florida Southern College (Lakeland, Florida) and his Masters in Business Administration from University of Tampa (Tampa, Florida).
Karl Racine
Mr. Racine currently serves as a member of the Board of Directors, a position he has held since September 28, 2022. Mr. Racine is currently a Partner at Hogan Lovells LLP, a position he has held since January 2023. He is also a Board Member of DXC Technology and has been since January 2023. Mr. Racine previously served as the elected Attorney General of the District of Columbia, a position he held from January 2015 until January 2023. Mr. Racine also served as the Co-Chair of the Conference of Western Attorneys General Alliance, a position he held from July 2017 until January 2023. Mr. Racine also served as a board member of the National Association of Attorneys General Mission Foundation, a position he held from July 2018 until January 2023. Previously, Mr. Racine served as the President of the National Association of Attorneys General from December 2020 until December 2021 and as the Chair of the Advisory Board Fair and Just Prosecution from January 2018 until February 2022. Mr. Racine received his Bachelor of Arts from the University of Pennsylvania and his Juris Doctor from the University of Virginia School of Law.
Jennifer Meyers
Jennifer Meyers currently serves as the Chief Financial Officer of Partner Colorado Credit Union, a position she has held since October 2021. Ms. Meyers previously served as the Chief Financial Officer of Clean Energy Credit Union from July 2020 until October 2021. Prior to joining Clean Energy Credit Union, she served as a Finance Executive and Strategist for DaLand LLC, a credit union service organization, from May 2019 until May 2020. Ms. Meyers also previously served as the Chief Financial Officer of Westerra Credit Union from April 2009 until February 2019. She received her Bachelor of Science in Accounting and her Master of Accountancy from the University of Denver.
Fred Niehaus
Fred Niehaus is Managing Partner of Interactive Global Solutions, an international government relations/public affairs and business development firm that brings proven experience and successful advocacy to companies, sovereigns and organizations across the globe. His previous experience has included serving as a Global SVP for First Data Corporation and the Western Union Company from 2003 through 2011. In this capacity, Mr. Niehaus was responsible for developing and implementing strategies to reach various corporate constituencies – including legislators, policy makers, regulators, attorneys general, community groups and consumers – while shaping emerging global public policy issues and trends that impacted the company’s operations and reputation. In 1991, he founded and served as President and Managing Partner of InterMountain Corporate Affairs, a Colorado-based public affairs firm, serving as advisor to CEOs and key corporate staff of fortune companies across the United States. From 1987 to 1992, Mr. Niehaus served as Colorado Governor Roy Romer’s Special Assistant for Economic Development and Director of OED.
Jonathan Summers
Jonathan Summers has served as the chairman of 3 Billion Pairs Genetic Corporation, an artificial intelligence company, since January 2022. Mr. Summers has also been serving as the chairman of EXMceuticals Inc., a Canadian-listed medical cannabis company since May 2019. Summers has also served as a director of Pathfinder Minerals, a mineral exploration company, since March 2021 and also serves as a member of the audit committee thereof. He also serves on the advisory board for Mocha Holdings LLC, a data privacy company. From May 1996 until May 2011, Mr. Summers served in various roles at Goldman Sachs, most recently serving as a Managing Director. Mr. Summers served as the Founding Partner and the Head of Business Development for Everett Capital Advisors, a $700 million London-based investment fund from October 2015 to October 2019, and served as the Founding Principal and Head of Business Development for Myriad Asset Management, a $5 billion Hong Kong-based multi-strategy asset management firm, from September 2011 to December 2014. Mr. Summers holds a Master in Modern History (1st class) from Oxford University.
Safe Harbor was formed to provide an unmet need – compliant banking and financial services to the rapidly expanding U.S. cannabis industry. Over the past seven years (including operations conducted through its parent, Partner Colorado Credit Union), the Company has processed more than $12 billion in transactions, including approximately $3.6 billion in 2021.
Safe Harbor has grown to nearly 600 clients spanning 20 states, serving both the medical and recreational cannabis markets. As legislative reform unfolds in the U.S., the Company is uniquely positioned as the trusted, leading standard for cannabis financial services.