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About 46% of Gov. Wes Moore’s blind trust in cannabis stock

today05/03/2023 64

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ANNAPOLIS, Md. (AP) — Maryland Gov. Wes Moore’s administration has announced he has formally created a blind trust for his assets.

Details of the trust made public Monday indicate the governor held nearly $1.2 million in shares of stock in a medical cannabis company — or about 46% of his assets outlined in the trust. Moore, a Democrat who worked as an investment banker, declared before he was elected that he would create the trust swiftly and transparently to avoid potential conflicts of interest.

The trust was approved by the State Ethics Commission last week, and administration officials announced the agreement less than five months after Moore took office.

Source: AP – All contents copyright 2023 Associated Press.  All rights reserved.

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