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Conflict of Interest in Cannabis Licensing




As soon as KPMG got the bid, I said that a conflict of interest was inevitably bound to happen. I just never thought it would be discovered so quickly.


Although I expected a multinational accounting firm like this to have at least one or more clients who would be participating in submitting an application, I never thought anyone would be so brazen as to hire a current KPMG employee as a manager of their business... and then name him on the application for everyone to see!


How could they not see that as an issue of bad optics?


How in the world did KPMG get this “no-bid” contract to do application reviews for the state in the first place???


Who was involved in pulling strings for that decision on the state side?


Are they connected to any named or unnamed interest holders of the winning applicants?


#supershady #cannabis #business


Read more here:


https://chicago-suntimes-com.cdn.ampproject.org/c/s/chicago.suntimes.com/platform/amp/cannabis/2020/9/8/21427810/kpmg-illinois-new-marijuana-pot-licenses-hamd-kamal

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