Maryland Gov. Wes Moore put $2.5 million of his financial portfolio - the liquid portion of his private wealth - into a blind trust while he is a public official.
Maryland Gov. Wes Moore has moved $2.5 million in stock and other liquid assets into a blind trust, including a large stake in a medical marijuana company set to expand as the state legalizes recreational cannabis this summer.Moore administration officials announced the trust Monday, ahead of the 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.
Moore, elected in November, amassed wealth in a variety of professional roles, including as an investment banker at Deutsche Bank in London and with Citigroup in New York, as the head of a poverty-fighting nonprofit called the Robin Hood Foundation, and through serving on various company boards.as a board member of Green Thumb Industries, a national cannabis company that operates in 15 states including Maryland, running both manufacturing and retail operations under a variety of brands.
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