Cannabis CEO Sentenced for Money Laundering | Chicago News

David Berger, co-founder of Ivy Hall cannabis dispensaries, just got sentenced to a year in federal prison—not for selling weed, but for laundering drug money and booking private jets for a Mexican trafficker. Convicted last year on money laundering and structuring charges, Berger must repay $250K, pay a $10K fine, and report to prison October 5th. Though he claimed shame and said drugs cause harm, the judge called his actions greed-driven, rejecting his lawyer’s plea for probation. Berger, who owned a major stake in Ivy Hall’s 10 Illinois dispensaries, has already resigned and lost his state license—likely ending his career in cannabis for good. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/b00d89ca7c54b93b