Russian oligarch Roman Abramovich funded Curaleaf. The FBI spent at least a year investigating the money trail.

August 11, 2026   3 part series by the news ground

The Curaleaf Papers·Part I

The secret foreign financing behind the $4 billion cannabis giant.
On October 29, 2018, cannabis giant Curaleaf went public on the Canadian Securities Exchange. In prior weeks, it had raised approximately $400 million from investors, valuing the company at $4 billion. It was the biggest cannabis company in the world, and its chairman, Boris Jordan, was a billionaire.

What the public did not know is that days earlier, on October 26, 2018, the U.S. Attorney’s Office in Manhattan sent a federal grand jury subpoena in a money laundering and corruption probe that appeared to be focused squarely on Curaleaf.

The FBI quietly investigated the money behind Curaleaf for money laundering and public corruption for at least a year, according to bureau records obtained by The Newsground under the Freedom of Information Act.

Two federal grand juries examined the money, one in Manhattan and one in Philadelphia. Both ended without charges.

Much of Curaleaf’s funding came from Roman Abramovich, the Russian billionaire and Vladimir Putin associate who was later sanctioned by Britain, the European Union and Canada. This reporter revealed his undisclosed funding of the company via loans at Forensic News in December 2022, four years after the FBI probe.

Full Article: https://thenewsground.com/fbi-investigated-curaleaf-for-corruption-and-money-laundering/



FBI Investigated Curaleaf for Corruption and Money Laundering