Weed scheme allegedly paid for $3M in South Florida real estate

by Alissa Gary

A massive drug and money laundering scheme allegedly paid for about $2.7 million in Florida real estate. A Delray Beach cannabis company known as Not Your Bakery LLC was found to be distributing highly concentrated marijuana products and laundering some $33 million, according to an investigation by the Palm Beach County Sheriff’s Office.  Some of the money was spent on South Florida real estate, according to court documents. That includes a $1.2 million Boynton Beach home and a $1 million condo unit in Pompano Beach. Illegal proceeds paid for about $2.7 million across the following properties, according to investigators: Four […]

This article originally appeared on The Real Deal. Click here to read the full story.

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Stevan Stanisic

Stevan Stanisic

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Real Estate Advisor License ID: SL3518131

Real Estate Advisor License ID: SL3518131

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