Oregon Secretary of State Shemia Fagan resigns after admitting to deal with marijuana company

Fagan, a Democrat, will leave office after May 8. She said that while she is"confident" that an ethics investigation will show that she followed the law, her work for the company has become a"distraction.

Fagan admitted last week to accepting a role at the cannabis firm Veriede Holding, an affiliate of La Mota, bringing in $10,000 a month in additional income. Her contract indicated that Fagan would receive a $30,000 bonus if the firm obtained a business license in a state other than Oregon or New Mexico, according to The Oregonian.

The private company also donated around $250,000 to her campaign, along with contributions to other top Democrats, including Gov. Tina Kotek. Kotek has pushed for two investigations related to the matter, one by the Oregon Government Ethics Commission and the other by the Department of Justice.Kotek has selected Deputy Secretary Cheryl Myers to serve as acting Secretary of State while searching for a replacement.

“At this time, I believe it is in the best interest of our state for me to focus on my children, my family, and personal reflection so that the secretary of state staff can continue to offer the exemplary customer service Oregonians deserve,” Fagan said in the closing of her statement.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Pot consulting paid Oregon secretary of state $10K monthlyOregon Secretary of State Shemia Fagan has apologized for taking a job as a consultant for a marijuana company — part of an industry that her office just audited — that paid far more than her state salary.
Source: ABC - 🏆 471. / 51 Read more »

Oregon secretary of state resigns due to marijuana jobOregon Secretary of State Shemia Fagan has announced her resignation amid sharp criticism from both Republicans and Democrats for having moonlighted as a highly-paid consultant to a marijuana business
Source: WOKVNews - 🏆 247. / 63 Read more »

Oregon secretary of state resigns over side job as marijuana company consultantOregon Secretary of State Shemia Fagan resigned Tuesday less than a week after it came to light that she had taken a lucrative side job consulting for an embattled cannabis company at a time when her office was auditing the state’s marijuana program.
Source: adndotcom - 🏆 293. / 63 Read more »