Questions Over New Maryland Gov’s Pro-Pot Policies Helping His Cannabis Investment
View Source | May 12, 2023 12:01 pm
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- New Democratic Maryland Gov. Wes Moore should fully disclose his ties to the cannabis industry given recent actions he has taken as governor to benefit recreational cannabis businesses.
- Possessing 1.5 ounces of cannabis for recreational use will become legal in Maryland in July, and Moore has signed a law creating a recreational cannabis business licensing framework and released $40 million in previously-withheld funding for the Maryland Commerce Department’s Cannabis Business Assistance Fund. On May 1, Moore announced a blind trust for his investments, including $1.17 million of stock in the Chicago-based cannabis company Green Thumb Industries, the Associated Press reported, and now oversight experts are calling for Moore to fully disclose any potential conflict of interests he might have in the industry.
- “While the full details are not yet known, the public deserves answers on whether there is a conflict of interest between the governor’s official actions and his investments into the cannabis industry,” Peter McGinnis, communications director for Functional Government Initiative, a watchdog group, told the DCNF.
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