Legalized pot fuels the Chicago Way

Greg Hinz reports in Crain's Chicago Business:

The wife of one of the architects of Illinois' new law legalizing recreational marijuana has landed a big job with an Elmhurst-based cannabis company.

Revolution Florida, a sister company of Illinois-based marijuana grower and dispensary Revolution Enterprises, named Candace Gingrich vice president and head of business development for the firm’s newly expanded operations in the Sunshine State.

Gingrich is a national LGBTQ activist and half-sister of former U.S. House Speaker Newt Gingrich. She's also the wife of Illinois state Rep. Kelly Cassidy, a Chicago Democrat who was chief House sponsor of the cannabis bill that passed earlier this year.

Well, that didn't take long. That might be the first insider deal cutting as a result of legalization. Or at least the first one we know about. Watch for more.

Cassidy told Hinz that there's no conflict of interest and that the House ethics officer cleared the hiring. Gee that's a relief.

By the way, as much as progressives hate big business, it's strange that we haven't heard much criticism from that corner about how legalizing recreational marijuana has spawn big, big business. As Crain's reported: "The dealmaking frenzy in the marijuana business continues, with Chicago-based Grassroots Cannabis being sold to Curaleaf for $875 million."  That's more one-percenters that socialist Bernie Sanders can wave his finger at.

dennis@dennisbyrne.net

www.dennisbyrne.net 

My historical novel: Madness: The War of 1812

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