Green Thumb CEO Calls Chicago Tribune Story ‘Irresponsible Journalism,’ Demands Retraction
Chris Furnari - Apr 01, 2021 at 01:01 PM
Does Green Thumb Industries (GTI) also grease palms in order to secure its highly coveted marijuana licenses?
Not according to Ben Kovler, founder and CEO of the Chicago-headquartered company, which reported $556 million in revenue last year and ranks as the second largest cannabis firm in the U.S.
In an official statement issued Wednesday, Kovler fired back at the Chicago Tribune, which earlier this week published a story alleging that GTI was under federal investigation for so-called “pay-to-play” lobbying tactics.
“The Chicago Tribune has published unfounded allegations that completely contradict our corporate values,” he said.
Chicago-based marijuana giant part of federal pay-to-play investigation herald-review.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from herald-review.com Daily Mail and Mail on Sunday newspapers.
Mar 10, 2021 at 7:34AM
Special purchase acquisition companies (SPACs) are some of the hottest buys of 2021. However, they also make for some ultra-risky investments, as investors don t have financial statements to look at to do the kind of analysis that they might normally do when picking a stock. Investors are essentially banking on the potential that a SPAC hits it big with an acquisition or merger.
One of the most popular SPACs this year has been
Churchill Capital Corp IV, which has soared 133% year-to-date (the
S&P 500 is up just 5%). It also recently announced a merger with electric vehicle maker Lucid Motors. Churchill has been around for a bit, though. If you re looking for what could be the next big SPAC, there s one in the cannabis industry that should be on your radar today:
Rest in peace, Keegan Peterson Jeremy Berke, Yeji Jesse Lee Marijuana plants grow near a road in the Rif region, near Chefchaouen, Morocco, August 11, 2008.
Welcome to Insider Cannabis, our weekly newsletter where we re bringing you an inside look at the deals, trends, and personalities driving the multibillion-dollar global cannabis boom.
Hello,
Before we dive in this week, I wanted to alert you all to the tragic passing of Keegan Peterson last Thursday, at the age of 33.
As many of you who read this newsletter know, Keegan was the CEO of the Denver-based Wurk, a prominent member of the broader cannabis industry and community, and a mainstay on the conference circuit.