Pritzker’s Plan to Legalize Pot Could Benefit Relatives Invested in the Industry
Policy Director Colin Williams was mentioned in this article.
Via – The Chicago SunTimes
“Democratic gubernatorial candidate J.B. Pritzker has claimed that his proposal to legalize marijuana would create between $350 million and $700 million in revenue for the state, but the plan could also advance the business interests of certain family members who are deeply invested in pot-centric ventures.
Joseph “Joby” Pritzker, his second cousin, and his father, former Hyatt Development Corporation CEO Nicholas J. Pritzker, run a San Francisco-based firm called Tao Capital Partners that invests in a range of companies, including Tesla, SpaceX and Uber. The group headed by the father-son duo, who both previously lived in Chicago, has also poured money into a pair of cannabis-related ventures, PAX Labs and MJ Freeway.
J.B. Pritzker has no ties to Tao Capital or the companies Nicholas and Joby Pritzker have invested in. The candidate hasn’t spoken to the family members about marijuana policy or anything else “in a long time,” according to Galia Slayen, a campaign spokeswoman.”
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