Colorado State Senator Don Coram accused of using Political Influence via Criminal Charges for Personal Collection Benefit

CANNANNEW REPORT

A  Republican Colorado state senator, Don Coram, has allegedly used his political influence with the Colorado State Department of Agriculture and the local Montrose county D.A. to get felony criminal charges brought against three Denver businessmen, who ran a publicly traded Cannabis Company, for an unpaid purchase of biomass from Coram’s hemp company Paradox Ventures. It’s a landmark case that the Hemp industry and legal community is closely watching. The Montrose country prosecutors used an old law designed to protect food farmers from businesses that resale, package, or store their products and brought charges against the company, United Cannabis Corp, and its executives for two violations of the farm products small dealer act.   Don Coram   The executives, interviewed by CLR, claim Coram is using his political power to sidestep civil contract law because the unpaid bill stems from the company having to file for bankruptcy, and Paradox Ventures could receive restitution for the unpaid bill via criminal plea deals, thus jumping the line of secured creditors in bankruptcy court. An internal complaint that was written to government regulators, along with COA reports, also shows that the executives believe Paradox sold them HOT hemp way over the legal level of .03% THC. Cannabis Law Report has reviewed at least seven Certificate of Analysis reports issued by Aurum Labs a 3rd party vendor for Paradox Ventures from 2019 that showed THC levels of up to .59%. The COA reports were distributed by Senator Coram’s hemp farm partner Bob Coker when he was pitching United Cannabis Corp to buy biomass from Paradox Ventures.   Bob Coker   United Cannabis Corp, which traded on the OTC Markets at a high of $5, isn’t the first company that has allegedly been sold hot hemp by Paradox During a series of investigative stories on the…

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Source : Colorado State Senator Don Coram accused of using Political Influence via Criminal Charges for Personal Collection Benefit

reposted by Cannabis News World

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