Staffers red-flagged inflated costs and default risks for startup retailers — but were largely ignored by top officials under pressure to get financing flowing. Last June, Joseph Thomas, an assistant counsel to Gov. Kathy Hochul, wrapped up negotiat… Read on blog or Reader Cannabis Business Executive - Cannabis and Marijuana industry news Read on blog or Reader State Cannabis Officials Repeatedly Raised Alarms to Hochul's Team Over Private Equity Loan Deal, Internal Emails Show AggregatedNews June 11 Staffers red-flagged inflated costs and default risks for startup retailers — but were largely ignored by top officials under pressure to get financing flowing. Last June, Joseph Thomas, an assistant counsel to Gov. Kathy Hochul, wrapped up negotiations on a $150 million deal that made investment firm Chicago Atlantic Group the major financier of the […] Continue reading Comment

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