The agency in charge of licenses says it has seen ‘no evidence’
The largest Canada-based marijuana producers denied to MarketWatch that they have done business with or taken investment cash from people tied to organized crime, after a bombshell report to that effect that did not name names.
Canadian Broadcasting Corp., the country’s government-backed news outlet commonly referred to as CBC, posted a report late Thursday that said some of the country’s major licensed marijuana producers had “longstanding ties” that included business dealings with members of the mob. Beyond links to a powerful Montreal, Quebec, crime family, the report also said that one of the large licensed producers acquired a business with ties to a drug trafficker. That deal included stock and rented space for a pot growing facility, according to the report.
Eliminating mob ties and organized crime from the cannabis business was one of the arguments government officials used in favor of recreational legalization, which took effect Oct. 17 in Canada.
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