Maryland Gov. Wes Moore owns almost $1.2 million worth of stock in Green Thumb Industries (GTI), according to media reports about a new blind trust created for some of his assets.
Moore, a Democrat, was previously a GTI board member until he resigned in March 2022.
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He was elected governor of Maryland in November 2022n, when Marylanders also voted to legalize adult-use cannabis.
The blind trust announced Monday is meant to prevent conflicts of interest.
The blind trust was revealed “ahead of the (Moore) administration’s plan to sign a bill this month that gives the state’s existing medical marijuana purveyors the first crack at licenses for the recreational industry,” The Washington Post reported.
Moore’s GTI shares represent about 46% of the assets placed in the blind trust, according to the Associated Press.
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“The trust is required to be diversified, which
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