On 17th October, Rferl carried an article which likened the rush to cash in on the legalising of the cannabis industry in the US to the rush to grab assets when the collapse of communism abruptly opened up a big chunk of the world for business, legal and otherwise.  It is alleged that Soviet-born businessmen Lev Parnas and Igor Fruman, along with 2 other men, made illegal political donations funded by a Russian seeking to secure retail marijuana licenses in multiple US states.  US citizens Parnas and Fruman are associates of Rudy Giuliani.  The article quotes Mark Galeotti, a Russian affairs analyst with specialised knowledge of organised crime and corruption, who said that criminal entrepreneurs from the former Soviet Union “thrive where they can leverage clumsy bureaucracies and wide disparities in supply and demand”. – and that, he said, applies to the legal US marijuana industry.—-and-its-growing-pains/30220217.html

This blog is primarily for my own use, to keep informed and up to date. However, if you would like to say thank you (and perhaps help me get a new, better laptop when I am away…) you can “buy me a coffee” at

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: