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Colorado Pot Store Owner Admits to $3M in Unpaid Taxes

Feb. 20, 2019, 9:41 PM

The owner of an unlicensed marijuana business in Colorado admitted in federal court he didn’t pay more than $3 million in taxes owed to the federal government.

Andrew C. Poarch pleaded guilty to filing a false federal income tax return in connection with his highly lucrative marijuana business, the Lazy Lion, which was never registered as a recreational dispensary within the state of Colorado, according to a Feb. 20 statement by the U.S. Attorney for the District of Colorado.

Poarch owned the Lazy Lion, where customers could join a private club by signing a customer agreement, with his wife Shuntay, ...

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