No, The World’s Biggest Cannabis Company Is Not Russian-Owned

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Despite being American, billionare Curaleaf founder Boris Jordan says his cannabis company is being unfairly targeted because of his Russian heritage.

. After his stint at Sibneft, Blokh and a partner consolidated Russia's dairy industry under Unimilk and merged with Danone in 2010.

“Both Boris Jordan and Andrey Blokh are U.S. citizens, so I disagree with the notion that Western sanctions on Russia would have a direct impact on Curaleaf’s business,” says McGinley. “If Curaleaf had the ability to raise capital from U.S. citizens who happened to become very wealthy from investing in Russia in the 1990s and 2000s, then so be it.”

When asked about the invasion of Ukraine, Jordan referred to it as a “catastrophe” and “disaster” and something “which none of us can believe is happening.” Jordan’s ancestors are half-Ukrainian and half-Russian. “This is a major travesty for my family,” he says.

 

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