Oregon Secretary of State Resigns Over Cannabis Contracting Controversy
In a significant development that could impact the regulation of the cannabis industry, Oregon Secretary of State Shemia Fagan has resigned from her position after a scandal involving a side job with a marijuana company her office was auditing came to light.
A Rising Star Brought Down by Scandal
Fagan, a rising star amongst Democrats, was earning a substantial income from her side job with the marijuana company—$10,000 a month—significantly more than her state pay. This news came as a shock to many, given Fagan's promising political career and her previous pledge to restore public trust in government leaders.
The controversy has raised concerns about conflicts of interest and the integrity of audits conducted by the Secretary of State's office, which are crucial in ensuring the proper functioning of state agencies and programs, including the marijuana industry.
Apology and Resignation
In an attempt to salvage her reputation and job, Fagan held an apologetic Zoom conference, announcing the termination of her consulting contract with Verity Holdings and expressing her remorse for her poor judgment. However, her apology and efforts to make amends were not enough to quell the growing criticism and calls for her resignation.
The Oregonian newspaper published a scathing editorial, criticizing Fagan for not only taking the contract in the first place but also for failing to end it as soon as the company's outstanding tax liabilities were revealed. Additionally, Fagan faced backlash for instructing her auditors to interview one of the owners of the marijuana company paying her and for refusing to release her tax records to the public.
Under mounting pressure and with no support from Governor Tina Kotek or other influential Democrats, Fagan ultimately decided to step down from her position.
Moving Forward
Following Fagan's resignation, her deputy, Cheryl Myers, will temporarily assume the role of Secretary of State until Governor Kotek appoints a replacement. The scandal underscores the importance of transparency and ethical behavior in public office, particularly when it comes to regulating industries with significant public interest and potential for illegal activities.
