Business
Elizabeth Holmes Should Be Happy She Wasn’t Busted For Marijuana!
Elizabeth Holmes bilked investors for billions, promoted bad medicine and then played the victim…good thing she wasn’t caught with marijuana or she would be in trouble!
Elizabeth Holmes was the darling of Silicon Valley founding Theranos, a startup that soared in value, which she claimed would revolutionize blood testing. Holmes raised $945 million from high-profile investors including the family of former Education Secretary Betsy DeVos, Rupert Murdoch and the Walton family of Walmart fame. Trouble begin with a much touted partnership with Walgreens that ultimately lead to the exposure the company never did what it claimed. Holmes first said she was innocent, then she stated she was simple pawn my her COO he made her break the law. Once convicted, she said she it would be hard to go to jail because she now volunteered and has kids. Working with the New York Times, she expressed she wants to put everything behind her, go by Liz, and really just get on with her life. The New York Times laid it out for people to “get her” and understand it was time to just move on.
The Federal government disagrees and she is due for prison. Well sort of prison. She is going to Federal Camp Prison (FCP) Bryan, one of the best prisons to serve time.
Elizabeth, or Liz, should be grateful she swindled billions and endangered peoples lives, imagine if she had been caught with marijuana. Drug possession is still the number one cause of arrest. The highest number of arrests were for drugs (estimated at 1,552,432 arrests) followed by driving under the influence (estimated at 1,282,957). In March of 2021, statisticians from the BJS released a new report using data gathered in 2018 stating about 32,000 people are in jail due to marijuana.
Black people are still more likely to be arrested for marijuana possession than white people in every state, including those that have legalized marijuana.
A little over two-thirds (70.1%) were sentenced to prison; the average sentence imposed was five months. A majority are served in local jails instead of prison. Local jails have few exercise facilities, overcrowding and poor food options.
Holmes potential new residence is FPC Bryan which offers a wide range of recreational activities, including organized and unorganized games such as table tennis. Other recreational activities include a gym for physical fitness, music programs, intramural activities, and social and cultural activities. Additionally, there are art and hobby craft classes as well.
The Last Prisoner Project says imagine sitting in a cell for years, decades, or even for life, convicted of an activity that is no longer a crime, while thousands of other people build intergenerational wealth doing exactly the same thing. Their goal is to change the system. Holme’s partner and the father of her children is a hotel heir. Her family are part of the private plane set and most likely her grandchildren and great grandchildren will be also. Many who were busted at 22 for drug possession spend a life trying to make a living.
According to Pew Research Center, an overwhelming 88% of U.S. adults say either that marijuana should be legal for medical and recreational use by adults (59%) or that it should be legal for medical use only (30%). Only one-in-ten (10%) say marijuana use should not be legal. And yet people are arrested every day. Something needs to change.
Source: https://thefreshtoast.com/cannabis/elizabeth-holmes-should-be-happy-she-wasnt-busted-for-marijuana/