updated 5:16 PM UTC, Oct 24, 2016

Former NYPD Chief Working For Marijuana Company


Former NYPD Chief Working For Marijuana Company

Former NYPD Chief Working For Marijuana Company



( 4UMF NEWS ) Former NYPD Chief Working For Marijuana Company:

The NYPD’s former chief of department has landed a lucrative job as the muscle behind a well-financed pot distribution network, The Post has learned— and it’s all legal.

Philip Banks III, who left the NYPD last year over a power struggle with Police Commissioner Bill Bratton, has been hired as chief security officer by a firm seeking to dispense medical marijuana in New York, sources said.

Banks will be joined at the Compassionate Care Center of New York by Joseph Dunne, former chief security officer of the Port Authority and NYPD deputy commissioner.

Dunne will be a senior security adviser, the sources said.

The career lawmen are taking on roles that were once the domain of drug cartels: They will be responsible for safeguarding a greenhouse where the product is grown, supervising security for marijuana deliveries to dispensaries throughout the state, and protecting what are expected to be large cash deposits.

Banks’ and Dunne’s duties will also include vetting potential hires and coordinating relationships with police departments.

“Security is paramount when it comes to pharmaceuticals and medical dispensaries,” Banks told The Post in an email.

He said that both he and Dunne will seek “to make sure those who need and qualify receive medical cannabis in New York, as well as [to] make sure our manufacturing facility is the safest and most secure in the entire state and country.”

Banks created a political firestorm for Mayor Bill de Blasio when he quit last year rather than take a promotion to first deputy commissioner, a post he thought had too little power.

His exit left the NYPD without any black officers in its top three positions.

The Compassionate Care Center of New York is among many businesses hoping to be selected by the state Department of Health as one of five authorized distributors of medical marijuana. The application deadline is Friday.

The private firm’s managing partner is Richard Lerner, a former Nassau County prosecutor.

Company officials declined to say how much Banks and Dunne would be earning, but industry sources said each man is likely to earn more than $200,000 a year.

Banks earned $200,545 at the NYPD in 2014, and Dunne made $235,014 in his last year with the Port Authority. They will collect their pensions while cashing in on their new jobs.


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