Charges stemming from the Racketeer Influenced and Corrupt Organizations (RICO) Act have long been a looming threat in the cannabis industry. Coming from civil, state and federal levels, the charges have been used as a method to stymie cannabis operations, whether just or not.

Established in 1970, US RICO charges were initially meant to pursue high profile mob bosses, but now cover a range of offenses, including gambling, money laundering, slavery, racketeering and a slew of other illegal business allegations.

To date, most cannabis RICO cases have been unsuccessful. Still, the process can do immense damage to brands.

Click here to read more

About Bianchi & Brandt

Bianchi & Brandt offers a full suite of legal and strategic services tailored to the unique needs of complex industries, including cannabis and psychedelics, with a level of trust and expertise that is unmatched. With a deep bench of business law and regulatory specialists, the firm takes a holistic approach to client support across all operations. Bianchi & Brandt has served as a strategic partner to their clients and assisted not only with legal matters, but also risk management, compliance, M&A, and other business challenges. For over a decade, the firm has pursued its goal to help companies maximize results from founding through each new phase of growth. The Bianchi & Brandt team pride themselves on their long commitment to the industry and the deep client relationships forged by the firm’s founding partners. Learn more: bianchibrandt.com

Keep Reading

Clark Wu Featured in AZ Big Media “The most influential minorities in Arizona cannabis for 2024”

March 11, 2024

Jeff Toppel featured in Cannabis Business Times “Cannabis Dispensaries Top Target for Labor Unions as More States Legalize”

December 24, 2023

Laura Bianchi, named the winner of a Bronze Stevie® Award in the Female Executive of the Year category at the 20th annual Stevie Awards for Women in Business.

November 15, 2023