Canadian Company Ditches Plans for Large Pot Grow in Maine

A Canadian company has ditched plans to buy a marijuana-growing facility in Auburn, Maine.

The Bangor Daily News reports that Vancouver-based C21 investments pulled the plug on the deal because of rules imposed by the Maine Legislature.

But the newspaper said the property's owner, Kevin Dean, is also linked to a federal marijuana-trafficking and money-laundering investigation.

A grand jury indicted Dean's former business partner on drug-trafficking charges tied to his alleged use of Dean's cultivation facility in Auburn.

Federal authorities said the charges against the former partner are part of an investigation of a larger trafficking ring that illegally grew marijuana ``under the cover of, but in violation of, Maine's medical marijuana program.''

Copyright AP - Associated Press
Contact Us