Cannabis funding decision expected soon
Cherokee issues first medical ID cards; tribe continues to work on product transport plan
Chief vetoes cannabis enterprise funding
Following a veto from Principal Chief Richard Sneed, the Cherokee Tribal Council today reversed an April decision that allocated $64 million to the tribe’s medical cannabis business. In his veto letter, Sneed expressed concern that the funding decision could jeopardize the tribe’s casino business and called for a “full accounting” of the $31 million already provided before giving the enterprise more money.
Tribe approves $64 million for cannabis enterprise
F Following more than an hour of discussion capping off months of debate, the Cherokee Tribal Council voted April 6 to fully fund its cannabis enterprise’s eight-figure startup funding request.