Finalist for Illinois marijuana dispensary licenses also works for firm that graded applications


Hamd Kamal is a risk management consultant for KPMG, which is being paid nearly $4.2 million through a no-bid contract with the state to evaluate applicants.

An employee of the global accounting firm that was awarded a no-bid contract to grade applications for the state’s next round of pot shop licenses is also a partner in one of the 21 groups that secured a spot in the upcoming lottery to determine the winners.

Hamd Kamal works as a risk management consultant for KPMG, which is getting nearly $4.2 million through a no-bid contract with the Illinois Department of Financial and Professional Regulation, the agency that oversees dispensaries. All told, 937 candidates submitted 4,518 total applications seeking dispensary licenses.

Kamal is also listed as a manager of EHR Holdings LLC, an upstart pot firm that also counts former Chicago Police Supt. Terry Hillard as a backer, according to records kept by the Illinois secretary of state’s office. EHR’s principal address is a Near West Side head shop, Smoke Stop, that’s also run by Kamal.

Kamal’s LinkedIn account stated last week that he’s a risk consultant at KPMG, though the reference to the firm has since been wiped from the page.

Like the other 20 firms in the lottery, EHR earned perfect scores on the applications that represent its five chances in drawings in three of the 17 possible regions across the state. [Read More @ The Chicago Sun Times]





Source link

We will be happy to hear your thoughts

Leave a reply