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June 29, 2006
Oregon DOJ Documents Relating to Governance of The Hemp & Cannabis
Foundation
A 2005 investigation by the Oregon Department of Justice (DOJ) Charitable
Activities Section. According to DOJ spokesperson, Victoria Cox, a former The Hemp
and Cannabis Foundation (THCF) employee reported concerns about THCF operations. DOJ investigated
and found governance problems; the investigation has been turned over to
the federal Internal Revenue Service. The problems included:
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The THCF board includes Mr. Stanford, his mother, and a friend. The board
meets once a year.
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There are no financial controls; Mr. Stanford oversees all income and
disbursements.
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In 2006, Mr. Stanford received $100,000 to cover personal expenses.
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THCF failed to pay federal income tax for employees.
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