"Roman Abramovich secretly funded Curaleaf"

An offshore company controlled by Russian billionaire Roman Abramovich invested hundreds of millions of dollars into the U.S. cannabis industry and secretly funded top shareholders of the world’s largest cannabis company, leaked documents show.

Abramovich, whose net worth is estimated at $9 billion, was sanctioned by the U.K. and the EU after Russia’s invasion of Ukraine. He has not been sanctioned by the U.S., but the Department of Justice obtained a warrant to seize two of his planes in June.

Now, newly leaked documents from Cyprus show that Abramovich’s company invested in a plethora of companies in the American cannabis industry and also helped fund the two biggest shareholders of Curaleaf, the world’s largest cannabis company with a market cap of nearly $3 billion.

The documents from a Cypriot accounting and secretarial firm were made available to journalists and researchers by Distributed Denial of Secrets, a non-profit that hosts leaked and hacked data. Forensic News has reviewed thousands of leaked documents related to Abramovich’s offshore empire.

Read more at forensicnews.co


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