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Oregon Secretary of State resigns over cannabis advisory contract

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Oregon Secretary of State announced her resignation After it is revealed that she threw a lucrative and unusual side gig as a consultant for a cannabis company.

As Willamette Week first reported, Shemia Fagan, who took over in January 2021, signed in February what a spokesperson said It’s called a “limited consulting contract.” With Veriede Holding”.

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Veriede Holding is a subsidiary of La Mota, an Oregon retail chain that owes its debt “Not less than $621,000” in back marijuana taxes, according to Willamette Week.

Pay La Mota Fagan $10,000 per month plus $30,000 bonus According to the news outlet, for every license the company obtained outside of Oregon and New Mexico.

Fagan’s annual salary as Secretary of State was $77,000.

Company executives also donated to Fagan’s 2020 election campaign, Willamette Week reported.

As Secretary of State, Fagan oversaw the Oregon Liquor and Hemp Commission, which recently released a detailed report review

Read the full article at Marijuana Business Daily

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