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FBI Fearful of Widescale Corruption Within The Cannabis Industry

The legalization of cannabis was never going to be easy after so many years of prohibition and the FBI just announced that they’re now actively seeking tips to curtail what they fear could become a widespread public corruption scandal. Last week the FBI spoke about cannabis during a podcast. While North America gets to grips […]

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The legalization of cannabis was never going to be easy after so many years of prohibition and the FBI just announced that they’re now actively seeking tips to curtail what they fear could become a widespread public corruption scandal.

Last week the FBI spoke about cannabis during a podcast. While North America gets to grips with cannabis legalization in all its glory, reversing the tide of prohibition was always expected to pose a challenge. FBI Public Affairs Specialist Mollie Halpern set the stage during the podcast, explaining to the public that they’re worried about potential corruption by public officials.

“States require licenses to grow and sell the drug—opening the possibility for public officials to become susceptible to bribes in exchange for those licenses,” Halpern said. “The corruption is more prevalent in western states where the licensing is decentralized—meaning the level of corruption can span from the highest to the lowest level of public officials.”

According to many, the FBI is not alone in their concerns. Likely unsurprising to most, cannabis is so used to being a “black market drug” that it’s proving to be difficult in some areas to implement its legalization. For the time being, the FBI podcast is shrouded in some mystery. Some people are questioning whether it’s a strategic, preemptive move by the Bureau, or whether they already have active cases of public corruption being investigated. For now, all the FBI are saying is that “states should expect the corruption problem to increase,” leaving the public to draw their own conclusions.

California was in the spotlight earlier this year when the LA Times ran a piece alleging several incidents of public corruption surrounding cannabis. At the time, one mayor was even accused of taking bribes to expedite matters for bigwigs in the cannabis industry. Supervisory Special Agent Regino Chavez, who also spoke in the same podcast added, “We’ve seen in some states the price go as high as $500,000 for a license to sell marijuana. So, we see people willing to pay large amounts of money to get into the industry.”

At the same time, the Executive Director of NORML (The National Organization for the Reform of Marijuana Laws), said that transparent and fair licensing within the industry is a must. “As awkward as it feels to sort of side with the FBI, it is imperative that states ensure the licensing for cannabis businesses is an open and fair process,” said Erik Altieri.

“NORML believes that we need to lower barriers to entry in the emerging legal marijuana market so it allows for small consumer-oriented businesses to thrive and provides support for equity programs that would let those who were most targeted by, and suffered under, our decades-long failed war on marijuana to benefit from its now legal status.”

Another significant player in the cannabis industry, Morgan Fox from the National Cannabis Industry Association, said that the only way to arbitrate against corruption is to get rid of licensing caps and to essentially “lower the bar.”

“An easy way to avoid corruption becoming an issue is to get rid of arbitrary license caps and lower the barriers of entry for the industry,” Fox said. “Not only would this make it easier for small businesses and people from marginalized communities to enter the industry, but it stops licenses from being treated as limited commodities that are so valuable that people may be willing to obtain them through unethical means.”

The post FBI Fearful of Widescale Corruption Within The Cannabis Industry appeared first on CBD Testers.

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The Challenge Of Building Credit In The Cannabis Industry

Businesses need funding to grow. Securing funding isn’t as easy as a walk down to the local bank, however. To receive a loan or a line of credit, a business must demonstrate a financial history record that portrays how trustworthy it is with money. No …

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Businesses need funding to grow. Securing funding isn’t as easy as a walk down to the local bank, however. To receive a loan or a line of credit, a business must demonstrate a financial history record that portrays how trustworthy it is with money. No one is going to lend to a stranger. So, how do you demonstrate good credit? In particular, how does a cannabis business demonstrate credit when credit companies shun the industry?…

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A Guide For Canadians Looking To Try Cannabis This Valentine’s Day

Wondering what to buy? “Flowers, duh!” says budtender Katie Lake… but with a pot twist. “In high school, my nickname was Miss Bakes. I guess it’s true what they say; old habits die hard,” says Katie Lake, who is currently working as a budtender at Sh…

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Wondering what to buy? “Flowers, duh!” says budtender Katie Lake… but with a pot twist. “In high school, my nickname was Miss Bakes. I guess it’s true what they say; old habits die hard,” says Katie Lake, who is currently working as a budtender at Shop Cori, a cannabis store located in Toronto. “Initially, working in the cannabis industry was supposed to be a temporary gig,” Lake says in an email. The transition occurred as…

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Tuesday, February 9, 2021 Headlines | Marijuana Today Daily News

Marijuana Today Daily HeadlinesTuesday, February 9, 2021 | Curated by host Shea Gunther // South Dakota judge strikes down state’s marijuana legalization vote (Leafly (AP))// Virginia lawmakers pass landmark recreational marijuana legalization bills (Marijuana Business Daily)// Schumer Hosts First Formal Meeting on Legalizing Weed as VA GOP Opposes Legalization (Hill Reporter) These headlines are brought […]

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South Dakota governor Kristi Noem (GOPQ) is seen in a tightly-cropped photograph while speaking on stage. She is set against a blurred blue background and is giving a condescending frumpy smile framed by her Karen-haircut.

Marijuana Today Daily Headlines
Tuesday, February 9, 2021 | Curated by host Shea Gunther

// South Dakota judge strikes down state’s marijuana legalization vote (Leafly (AP))

// Virginia lawmakers pass landmark recreational marijuana legalization bills (Marijuana Business Daily)

// Schumer Hosts First Formal Meeting on Legalizing Weed as VA GOP Opposes Legalization (Hill Reporter)


These headlines are brought to you by Curaleaf, one of the leading vertically-integrated cannabis operators in the U.S. With legal medical and adult use marijuana dispensaries, cultivation sites, and processing facilities all over the United States, Curaleaf has served more than 350,000 medical cannabis patients and looks forward to helping many more long into the future. Swing over to Curaleaf.com to learn more about this very cool company!


// Deadline for Murphy to Act on NJ Marijuana Bill Pushed Back (NBC Philadelphia)

// Lt. Gov. John Fetterman enters Pennsylvania’s 2022 Senate race (CNN)

// California Clears Up Confusion Over Marijuana Industry Coronavirus Vaccine Eligibility (Marijuana Moment)

// New Jersey Governor Signs Psilocybin Bill To Immediately Reduce Penalties For Possession (Marijuana Moment)

// Wisconsin governor proposes medical recreational cannabis legalization (Marijuana Business Daily)

// Marijuana concentrate sales up 40% as more consumers turn to the product category (Marijuana Business Daily)

// Legal Marijuana Is More Popular Than Joe Biden $15 Minimum Wage Or Rejoining Climate Agreement Poll Finds (Marijuana Moment)

Check out our other projects:Marijuana Today— Our flagship title, a weekly podcast examining the world of marijuana business and activism with some of the smartest people in the industry and movement. • Marijuana Media Connect— A service that connects industry insiders in the legal marijuana industry with journalists, bloggers, and writers in need of expert sources for their stories.

Love these headlines? Love our podcast? Support our work with a financial contribution and become a patron.

Photo: Else Olofsson/Flickr

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