How a Local “Ganjapreneur” Bummed Oakland’s High and Cheated the City out of Thousands


Derek Peterson and Dhar Mann (pictured at right)

In 2011, a Lamborghini-driving 26-year-old named Dhar Mann became a national media sensation when he partnered with a Morgan Stanley investment banker in an audacious plan to create weGrow, a vertically integrated marijuana conglomerate better known as the “Walmart of Weed.” Shortly after I wrote the first detailed profile of Mann, however, he split with Morgan Stanley’s Derek Peterson amid mutual accusations of unpaid debts and financial shenanigans. Peterson charged Mann with running “a fucking hydroponzi scheme.”

Now it looks like he wasn’t exaggerating by much. Yesterday, Mann pleaded “no contest” to five felony counts of defrauding the City of Oakland, the Oakland Tribune reports. The scion of a wealthy taxi monopolist and a major local political donor, Mann was accused of pocketing some $44,000 in city redevelopment funds that he was supposed to use to fix up several of his properties. According to court documents, Mann submitted checks to the city that he’d supposedly written to contractors but that were in fact redeposited into his own bank account.

Mann won’t face jail time, but still must resolve an Oakland civil suit seeking $345,000 in civil penalties and damages.

Though weGrow got a lot of media attention, it was never very popular among the Bay Area’s pot cognoscenti, who saw the company’s materialistic and confrontational image as a liability to their wider goal of a truce in the drug war. But now it looks like it was Mann himself, not anti-drug crusaders in the federal government, who planted the seeds of his demise.

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SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

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