As frequent readers will know the incidence of corruption is increasing apace and has been highlighted by the current Giuliani revelations..
Cannabis Now have published an overview of current developments that is worth a study if you are not up to speed on what’s taking place on this front.
Here’s their introduction
The cannabis sector is at present acquiring a tiny undesirable publicity, with the indictment of 4 figures linked to Rudolph Giuliani, President Donald Trump’s controversial lawyer — like on charges of influence-peddling on behalf of cannabis dispensaries.
The very first in the current spate of busts came on Oct. 9, when two Florida-primarily based businessmen who apparently helped Giuliani in his try to dig up dirt on former Vice President Joe Biden in Ukraine were arrested at Washington’s Dulles International Airport. Lev Parnas and Igor Fruman are charged with campaign finance violations, conspiracy and other crimes, like donating foreign dollars to a Republican gubernatorial candidate in Nevada in an try to get chosen for a cannabis license.
The subsequent day, Andrey Kukushkin, a Ukrainian-born naturalized U.S. citizen, was arrested in San Francisco. An additional associate in this nexus, David Correia, was picked up by federal agents on Oct. 16 at New York’s JFK airport. The 4 males have been named in a grand jury indictment announced on Oct. 10 by the Southern District of New York.
Officials are charging the 4 males with creating illegal political donations to politicians and candidates at the state and federal level — in a bid to safe their help in winning licenses for a cannabis business enterprise in California and Nevada. The donations are mentioned to have been underwritten by an unnamed foreign national.
Altogether, the current indictments illustrate how a restricted cannabis sector — with higher start out-up fees, intense stress to get a “first-mover advantage” and restricted licenses — provides lots of encouragement to poor actors to attempt and get a leg up.
Complete Write-up: https://cannabisnow.com/the-problems-with-corruption-in-the-cannabis-sector/?utm_campaign=Day-to-day%20Morning%20News&utm_medium=e mail&_hsenc=p2ANqtz–mXbQwZunI2Uy4qox-7KR4i1sCvwqgaZy6ptlk6vD_bYwEAaq1zokMT25aAmFLsOfxHAgKAOXRlVAbfZqS0U4E_mS8yQ&_hsmi=78290043&utm_content material=78289350&utm_supply=hs_e mail&hsCtaTracking=92da17ad-e077-4fe0-9abe-fa69aa269b00%7C357eb2f5-44a7-4c3d-b263-73ccf323fda4