21 indicted in Colorado in connection with international black market marijuana and money laundering scheme – Cannabis Business Executive


Charges range from racketeering, conspiracy and money laundering to drug cultivation and distribution

Federal and local law enforcement on Thursday announced the takedown of a black market marijuana and money laundering scheme in Colorado — an operation comprising 21 individuals growing millions of dollars worth of illicit pot across metro Denver and funneling their profits back to China through social media apps.

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Drug investigators seized thousands of plants, hundreds of pounds of packaged marijuana and roughly $1 million during the investigation that began in August 2020, authorities said in a news conference at the 18th Judicial District Attorney’s Office in Centennial.

“I want to emphasize that while this is a micro-cell in our state of Colorado… we believe that this is going on on a macro-level across the entire United States,” said John Kellner, the district attorney for Arapahoe and Douglas counties.

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Charges for the 21 suspects range from racketeering and conspiracy under the Colorado Organized Crime Control Act to drug cultivation and distribution to money laundering.

Kellner described the investigation as a “money-laundering case with a side of marijuana.”

The money, derived from illicit Colorado marijuana grows, would cycle from the U.S. to China to Central and South America, and ultimately back to American soil. [Read More @ The Denver Post]


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