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State Cannabis Officials Repeatedly Raised Alarms to Hochul’s Team Over Private Equity Loan Deal, Internal Emails Show from THE CITY - All RSS feed.

State Cannabis Officials Repeatedly Raised Alarms to Hochul’s Team Over Private Equity Loan Deal, Internal Emails Show

Gov. Kathy Hochul speaks about a state law enforcement effort against unlicensed cannabis businesses.

Last June, Joseph Thomas, an assistant counsel to Gov. Kathy Hochul, wrapped up negotiations on a $150 million deal that made investment firm Chicago Atlantic Group the major financier of the state’s cannabis legalization program. Within the state’s Office of Cannabis Management, doubts about the agreement flared instantly and intensely. “This is BAD,” wrote Matt […]

The post State Cannabis Officials Repeatedly Raised Alarms to Hochul’s Team Over Private Equity Loan Deal, Internal Emails Show appeared first on THE CITY - NYC News.