Mohit “Moe” Asnani, a wealthy marijuana entrepreneur who contributed to Governor Katie Hobbs and other Democrats, is coming under fire for allegedly abusing the controversial Social Equity Ownership Program that was set up to award marijuana dispensary licenses to business owners affected negatively by previous laws restricting marijuana. Asnani is accused of preying on these disadvantaged dispensary owners, convincing them to give up their special licenses to him.
The Social Equity Ownership Program, which was established when Arizona voters passed Proposition 207 in 2020 legalizing recreational marijuana, granted 26 dispensary licenses to prospective owners who have had run-ins with the law related to marijuana, or are related to someone who has.
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