News of the investigation comes on the heels of a report from the newspaper that questioned whether the two companies controlled an excess of licenses through complex business networks, high-interest loans and other methods.
For more details on the investigation, click here.
The emergence of more overseas cannabis markets offers companies billions of dollars in business opportunities.
And they bragged about it to investors. This puts the CCC in a precarious spot, one that they know well. While small businesses are being shut out of the licensing process and only a very select few have been even given the opportunity for provisional licenses, these jackass multi-state vertically integrated goliath’s are reaping the benefits. Hoffman needs to step up and reverse this immediately and take their licenses away and then give the opportunity to smaller cultivators, processors, and retail operations that have been extremely patient. If he does not, then this is all lip service and is it back to big cannabusiness as usual. Or, just let Shaleen Title handle it, she knows what to do. 😉
Find me proof of them publicly “boasting” to investors about specifically owning 12 licenses. They have a program that helps fund minority companies because it is dang near impossible to find funding elsewhere…
Here’s an idea, by stock in the the said companies so you can profit and quit whining about it
They broke the law and took unfair advantage of smaller businesses in a state that publicly stated they did not want that.
That’s legit the exact same thing as you saying you’re having a party, everyone can have 1 slice of cake, and that fat dude in the corner snuck off with 1/3 of the cake.
Now you’re saying, go be his friend instead of being mad he stole your cake… The state has literally every right to be upset. SeaHunter deliberately broke their regulations for personal gain. That’s ethically and morally hazardous.