EBCI Council tightens transparency rules for tribal LLCs
In response to what he says are ongoing issues with transparency on the part of the tribe’s cannabis business Qualla Enterprises LLC, Eastern Band of Cherokee Indians Principal Chief Richard Sneed introduced an ordinance during the July 13 Tribal Council session clarifying certain aspects of the relationship between tribal government and its LLCs.
Board can now begin quest to diversify tribal revenue
The Kituwah Economic Development Board is now ready to start pursuing expanded business opportunities for the Eastern Band of Cherokee Indians after Tribal Council approved appointments and a compensation plan for the venture last week.
Tribe looks to diversify business interests
The Eastern Band of Cherokee Indians is hoping to diversify its revenues beyond gaming through creation of a new limited liability company, to be overseen by the yet-to-be-appointed five-member Kituwah Economic Development Board.