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CEO Admits To Laundering $3.5M In Pot Profits From DC Delivery Service
A weed dealer in Washington, DC has admitted to laundering millions of dollars he generated through the illegal sale of marijuana and THC products, according to federal officials.
Connor Pennington, 39, pleaded guilty this week to conspiracy to commit money laundering while he was the CEO of a marijuana delivery service in the region.
Authorities say that Pennington was the CEO of JointVentures LLC, which operated under the name “Joint Delivery,” a delivery service of pot products, including THC vape cartridges, wax, and edibles, though it was never licensed as a dispensary in DC or any oth…
