Husband of CEO of Trulieve Cannabis sentenced to 3 years in prison, $ 1.25 million fine

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JT Burnette, a Florida businessman and husband of Trulieve Cannabis CEO Kim Rivers, was sentenced to three years in federal prison and a $ 1.25 million fine for his conviction for extortion earlier this year.

According to the Tallahassee Democrat, Burnette apologized during his sentence on Tuesday for the damage caused by his actions. But he did not apologize for the crimes he was convicted of.

Announcement

The judge in the case noted that a defendant planning an appeal would not make such an acknowledgment, according to the newspaper.

Burnette’s lawyers have promised an immediate appeal.

“The effects of my actions are far-reaching,” Burnette said. “There are no words to describe how sorry I am for the damage I have caused. For this I am sorry “.

In August, Burnette was found guilty of participating in a multiannual scheme for extorting bribes $ 10,000 a month to a then-city commissioner in an effort to secure real estate development projects in Tallahassee.

He was ordered to report to the Florida Bureau of Prisons on January 9, 2022.

Rivers, whose Florida-based company became one titanium marijuana industry, was one of many who wrote testimonies on behalf of Burnette to the president of the court.

Neither Rivers nor Trulieve were charged with any wrongdoing in the Burnette case, which had no connection with the cannabis company.

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But the case renewed questions on the company’s relations with a construction company in which Burnette has a stake.

In September, at MJBizDaily examination of regulatory documents showed that Trulieve had contracted to pay more than $ 230 million since 2018 to Florida-based Burnette Construction for jobs in Florida and Massachusetts.

After the guilty verdict in the case, Trulieve’s board of directors reiterated his “strong support” of Rivers.

“We have consistently argued that neither Trulieve nor our CEO is involved in the case,” Trulieve said in a Twitter post in response to Burnette’s conviction.

Trulieve shares are traded on US over-the-counter markets such as TCNNF and the Canadian Securities Exchange as TRUL.

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