Former Stitt Adviser Matt Stacy Implicated in Oklahoma Medical Marijuana Conspiracy
In Oklahoma City, real estate broker Chong Iu Phu has pleaded guilty to involvement in a drug conspiracy and implicated Matt Stacy, a politically connected attorney and former adviser to Governor Kevin Stitt, in the scheme. The conspiracy involved helping out-of-state clients circumvent Oklahoma's medical marijuana ownership regulations, which require at least 75% ownership by state residents. Phu admitted to agreeing with Stacy to use 'straw' or 'ghost' owners to obtain licenses for marijuana grows. Stacy, who served on Stitt's COVID-19 response team, is accused of charging clients significant fees to set up these arrangements. Both Stacy and Phu's brother, Chanh Iu Phu, have denied wrongdoing. A federal grand jury indicted the trio in 2024, with a trial set for November 3.