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Diane Scott

Co-Founder

SX2 Ventures

Toronto, CA

Diane Scott
Elan Schultz
TriSpan
Hugh Scott-Barrett
Capital & Regional plc

Diane Scott’s Biography

Diane is an internationally recognized entrepreneur, venture capitalist and philanthropist with a track record for delivering results. She is co-founder of SX2 Ventures, an international venture capital business that focuses on innovation and value creation in the human care sector.

She is also currently Chairman and CEO of the Company’s largest investment, JMCC Group and was recently described by Forbes as the company’s “savvy CEO.”

Through her role at JMCC, Diane is helping revolutionize international patient access to medicinal cannabis by being the only company to be specifically invited, and the only company from the Caribbean region, to participate in Project Twenty21, the world’s largest observational medical cannabis study. She also developed JMCC Scientific, a division that encompasses medical product R&D, testing, manufacturing, packaging and labelling.

Diane Scott brings over 20 years of global experience in the C-suite of enterprises in global emerging industries.

Recently named as one of North America’s top female CEOs in the industry by MJ Business, Diane helms a rapidly growing business with contracted revenues from customers in Canada, Germany, Australia and Brazil.

Diane is a regular international speaker, participating in the prestigious International Economic Forum of the America's Toronto event. Diane was also recently appointed as Founding Partner of the Centre of Medicinal Cannabis in London, a group working to help shape the UK’s new medicinal cannabis regime.

Diane is also an advisor to several corporations and non-profit groups, including the Executive Advisory Board for Twenty21. Furthermore, she is an Activator at SheEO, a global community of radically generous women supporting women-led ventures. In that capacity, Diane invests in women-led enterprises around the world. She is a seasoned entrepreneur with a reputation for knocking down barriers in both business and social communities.

Diane Scott’s Newsfeed

Women of Influence
How Diane Scott made a late-career pivot to focus on giving back.

Diane Scott, CEO of Canada’s only woman-led international medical cannabis company, JMCC, and Co-founder of SX2 Ventures, shares her story. “The huge learning curve for me became about the science and medicine ... As an entrepreneur, you need to know your own strengths. We can’t be great at everything, so you need to build a team that’s great at everything.” 

Jersey Evening Post
Canadian medicinal cannabis firm’s plans for Jersey

Diane Scott, JMCC’s chief executive and chairwoman, said that the firm had spent ‘an immense amount of time’ identifying the best distribution channel for UK and EU markets. ‘We couldn’t find one that we were comfortable with in terms of ensuring the quality, safety and security standards we want for our product, right up to the point that it’s in the pharmacist’s or patient’s hands. So we decided to build it ourselves,’ she said. ‘And then we searched until we found the right partner to help.’

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Diane Scott’s Background

SX2 Ventures
Co-Founder
2017 - Present
New York, NY, USA
SX2 invests in life sciences, longevity, specialized care and emerging market healthcare solutions. SX2’s founders share the belief that business and capital must always benefit humanity, hence every investment by SX2 has a strong social “give-back” component.
JMCC Group
Group Chairman & CEO
Jan 2017 - Present
Toronto, CA
JMCC Group is a fully integrated medical cannabis company operating within a self-contained supply chain – from propagation and cultivation of raw material supply, product research and development, manufacturing and packaging and through to global logistics and distribution. Founded in 2016, today, JMCC is the leading global provider of Jamaican medical cannabis products and services to the world.
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Current Board Positions

Registered Insurance Brokers of Ontario logo Registered Insurance Brokers of Ontario logo
Registered Insurance Brokers of Ontario
Advisory Council
Jul 2015 - Present
Toronto, CA
Appointed by the Minister of Finance to protect public interest on the Board of Directors of the Registered Insurance Brokers of Ontario (RIBO). RIBO is the self-regulatory body within Canada's financial services sector, for insurance brokers in Ontario, Canada.

Previous Board Positions

Royal Ontario Museum
Royal Patrons Circle | Advisory Council
Toronto, CA
The ROM is Canada’s largest museum with collections that span art, culture and nature from across time and around the globe. Among North America’s most renowned museums, the ROM is home to more than 12 million objects and specimens, 40 galleries & exhibitions spaces, and offers a range of fascinating exhibitions, lectures, tours and other events.

Current Advisory Roles

SheEO
Activator | Member & Advisor
2019 - Present
Toronto, CA
SheEO is a radically generous community supporting women + non-binary people working on the World’s To-Do List.

Media

Celebrating those who break the grass ceiling
Featured
Mar 2021
Toronto, CA
Diane Scott was featured for her work leading JMCC, notably in developing its innovative self-managed supply chain and its work constructing a state-of-the-art distribution center on the Channel Island of Jersey, located between England and France.
Meet the Canadian Woman Who Built an International Medical Cannabis Company from the Ground Up
Featured Profile
Feb 2021
Toronto, CA
This profile traces Diane Scott's path to becoming a leader in the medical cannabis community - in Canada and around the world. Building on her ethos of 'if it doesn't exist, let's create it', the profile explores how Diane charted a clear path for success, while also discussing the work JMCC continues to do and what the future holds.
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Memberships

National Cannabis Working Group
Member
2020 - Present
Ottawa, CA
Housed within the Canadian Chamber of Commerce, the National Cannabis Working Group is a collection of over 70 companies seeking to improve the growth and competitiveness of the industry and help govts achieve their health and safety objectives.
The National Club
Member
2019 - Present
Toronto, CA
The National Club was founded in 1874 and is one of the leading business and social clubs in Toronto, Canada. The National Club is a welcoming community where personal and professional relationships are nurtured, and where innovation, diversity and thought leadership are cultivated.

Speaking Engagements

Toronto Global Forum
Panel Member
Sep 2019
Toronto, CA
Diane Scott joins leaders in the cannabis and financial industries on a panel titled 'The Age of Global Cannabis'. The panel addresses a range of questions, including: What consumer trends are shaping the evolution of the industry? How can governments accompany the transition by enacting new cannabis laws? How is legalization creating new industries and transforming international economies?
CANN Talks
Featured Speaker
Aug 2019
Cambridge, UK
In a talk titled 'Perspectives on Cannabis Reform Globally', diane Scott offers a unique perspective on the ethics of cannabis reform – from a Canadian and global standpoint.
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Charitable Interests

Royal Ontario Museum logo Royal Ontario Museum logo
Royal Ontario Museum
Royal Patron
2015 - Present
Toronto, CA
The ROM is Canada’s largest museum with collections that span art, culture and nature from across time and around the globe. Among North America’s most renowned museums, the ROM is home to more than 12 million objects and specimens, 40 galleries & exhibitions spaces, and offers a range of fascinating exhibitions, lectures, tours and other events.

Diane Scott’s Education

York University, Toronto
BA International Relations & Affairs
Schulich School of Business
Strategic Business Management
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