Maryland gov puts nearly $1.2M of Green Thumb marijuana stock in blind trust

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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Maryland Gov. Wes Moore owns almost $1.2 million worth of stock in Green Thumb Industries (GTI), according to media reports… Continue reading
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