Med-West, a medical THC extract company in San Diego, was raided in January and again in June. It's one of a number of cannabis companies targeted for asset seizure--but with no attendant criminal charges being filed--by California authorities.
The officers, decked out in helmets and tactical gear and clutching assault rifles and handguns, used a sledgehammer to open the door, and then burst into the lobby. Once inside, the task force arrested two employees present, cracked open the company's safe, and collected its inventory--more than 30,000 cartridges of cannabis oil and a couple of pounds of concentrate.
The narcotics task force seized $1.4 million in cash, product, and money from various bank accounts belonging to owner James Slatic ($325,570 in cash was found in the safe). Med-West had been providing hundreds of licensed dispensaries around California with medical CO2-extracted cannabis oil and products under the state's medical marijuana laws since 2010. The company was licensed by the city of San Diego and operating openly. Slatic says his company was raided a second time in late June and is now officially closed.
San Diego law enforcement used federal asset forfeiture laws to freeze and seize the company's cash and the money in Slatic's personal bank account, the bank account of his wife (who is a federal employee at Veterans Affairs), and his kids' college savings accounts. The San Diego Sheriff's Office and San Diego County District Attorney's Office declined to explain why they seized Med-West's and the Slatic family's money, but neither has charged Slatic with a crime.
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