Bribes for a Cannabis License

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Cannabis License Bribes – Does $150,000 and 15 Pounds of Weed Sound Appropriate?

How a Massachusetts mayor took $200,000 bribes and pounds of weed in order to propose particular groups for a cannabis license.

 

News broke in current weeks the FBI was jumping into the cannabis sector in order to investigate improper terms and agreements in the legal cannabis region.  This news was met with mixed benefits as the cannabis plant is nonetheless illegal beneath Federal law and the FBI is typically the one particular breaking down the door of marijuana growers. On the other hand, there was so considerably corruption getting report in the cannabis space, particularly in Massachusetts, that didn’t a person at the Federal level that upholds the law have to jump in, regardless of the topic matter getting cannabis.

 

We could have our 1st answer to “why is the FBI receiving into cannabis now?” coming out of Massachusetts and the considerably maligned young mayor of Fall River, Massachusetts.

 

If you believed life couldn’t get any worse for the young mayor of Fall River, Massachusetts, Jasiel Correia II, you had been incorrect.  The young mayor, currently beneath indictment by the Federal government for extortion, got arrested by the FBI for extortion once more, this time for a marijuana bribery scheme.  As the USA Currently report points out:

27 Year-old Jasiel Correia II, the currently embattled mayor of Fall River, Massachusetts, was arrested Friday on new federal extortion charges for allegedly operating a scheme to help marijuana vendors get approval to operate in exchange for hundreds of thousands of dollars in bribes.

Prosecutors say Correia agreed to sign non-opposition letters in return for considerable six-figure payments from 4 marijuana vendors seeking to open companies in the city of practically 90,000 about an hour’s drive south of Boston. The letters are expected to obtain a license to operate a marijuana enterprise in Massachusetts, exactly where cannabis is legal.

It marks the second time in significantly less than a year that Correia, 1st elected in 2015, has been indicted. He was arrested in October on charges he defrauded investors of an app firm he co-owns by pocketing 64% of their payments to bankroll what prosecutors known as his “lavish life-style” and political profession. He’s pleaded not guilty to these charges as nicely. 

He now faces 24 total charges — 13 from final year’s arrest and 11 new charges — including bribery, extortion conspiracy, extortion and aiding and abetting, wire fraud, and filing false tax returns.

 

How did the cannabis bribe scheme function?

 

Correria, the mayor of Fall River, had signed 14 non-opposition letters for marijuana companies due to the fact taking workplace. The letter is necessary in Massachusetts as a “blessing” from the mayor of the host neighborhood in order to submit your application to get a license for a marijuana enterprise.  The 1st difficulty was that two of the 1st fourteen letters had been for his girlfriend’s brother.  The indictment says that in exchange for his signature on a non-opposition letter two vendors agreed to spend the mayor $250,000 in one particular case, $150,000 in yet another, and a third agreed to $100,000.  In an agreement with yet another of the applicants Correia agreed to have compensation come in the type of weed, campaign contributions, and mortgage discharges.  The one particular witness claimed Correia was to get 12 to 15 pounds of marijuana in addiction to a $150,000 money payment. Thoughts you, this is not for a license in Massachusetts to sell cannabis, this is just for a non-opposition letter from the mayor of the host neighborhood.

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Not shockingly in August, Correia vetoed an ordinance from the Fall River City Council to cap cannabis licenses at 11 in Fall River.  Correia did not want to see the funds train dry up so quickly, so he knew to retain the cannabis enterprise licenses limitless in quantity.  Why kill the golden goose so quickly, correct?

 

Never overlook our story at Cannabis.net on how Massachusetts landlords now are extorting license applicants and controlling who and who does not get a license in a host neighborhood.  Keep in mind also, the Boston Globe expose on how host towns had been forcing applicants to give $50,000 a year to the police fund and up to 7% of income back to the town, all illegal of course.

 

Which now begs the query, is $200,000 and 15 pounds of weed a decent sufficient bribe if you had been assured a cannabis license in Massachusetts?  Let’s say it was legal, an eBay bidding program open to public viewing and transparent, and the winning bids had been about $200,000 money and 15 pounds of weed.  Also higher? To low when you take into account the lifetime worth of a client in wealthy state like Massachusetts?

 

If I was an applicant and making use of game-theory procedures with Correria, I would want the lowest feasible money payment and most quantity of weed deal.  As soon as you give him the money it is gone forever, and you have to earn it back.  The cannabis you can develop and develop and get a new crop every single 12 to 16 weeks.  You can syphon off a pound or two every single couple of months and pass it along to him.  Have a batch that was not fantastic or didn’t dry correct, seal it up and give it to him, virtually like a lost leader in a shop.  I would have gone with the $100,000 and 20 pounds of weed more than a year or two figuring that in the finish he will just devote the funds on his bills, but if you retain providing him weed, you stay important to him and he normally have some thing he desires, at least you get some leverage.

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What do you believe?  What would you present at the table in the back of the seedy bar you met his manager at final Tuesday evening?

 

CANNABIS, BRIBES, AND THE FBI, Study Much more…

FBI LOOKS INTO CANNABIS

THE FBI IS Hunting INTO CANNABIS Enterprises, CLICK Right here.

OR..

MARIJUANA BRIBES IN MASSACHUSETTS

Spend THE POLICE $50,000 AND YOU Could GET A DISPENSARY.

OR…

LANDLORDS CONTROL MASS CANNABIS LICENSING NOW

HOW MASS LANDLORDS Manage CANNABIS LICENSING, CLICK Right here.

 

 

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