Dayspring claims he bankrolled other SLO cannabis dispensaries; companies and city push back – New Times SLO

As convicted local cannabis businessman Helios Dayspring gets ready to spend nearly two years behind bars for bribery and tax evasion, he’s still attempting to show in civil court the extent of his power and influence in the San Luis Obispo pot industry.

In recent filings made as part of the litigation between his former company, Natural Healing Center, and the city of SLO, Dayspring alleged that he personally helped bankroll the city’s other two cannabis dispensaries—signing loan agreements with Megan’s Organic Market (MOM) for $800,000, and SLOCal Roots for $1 million in early 2019.

click to enlarge Screenshot Courtesy Of SLO County KINGPIN? In a series of court filings, convicted local cannabis businessman Helios Dayspring claims he gave nearly $2 million in loans to other city cannabis dispensaries, funds that he alleges they failed to disclose to the city.

“I, Helios Dayspring, was the primary financer [sic] for all three successful cannabis applications,” he asserted in a court declaration.

Dayspring claimed he was hired in 2019 to oversee and manage the MOM and SLOCal Roots dispensaries, that he held ownership stakes,

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