DENVER | A former owner of a Denver medical marijuana dispensary has pleaded guilty in connection to federal raids on Colorado pot businesses.
The Denver Post reports (https://dpo.st/208MEhe ) that Gerardo Uribe on Tuesday pleaded guilty in federal court to marijuana possession and conspiracy to possess marijuana. As part of a plea agreement, prosecutors agreed to drop a money-laundering charge against him.
Prosecutors will recommend Uribe serve one year on probation, with 90 days in of that to be served in prison.
Uribe and three other men were accused of transferring money from Colombia to invest in a marijuana-cultivation warehouse and also of attempting to deposit proceeds from VIP Cannabis dispensary into a bank account.
Uribe’s brother, Luis, and a Colombian businessman named Hector Diaz, previously pleaded guilty.
Information from: The Denver Post, https://www.denverpost.com