Delray Beach Executive Arrested in Major Drug Case
Casey Anne Smith faces 12 felony counts after authorities uncovered an alleged nationwide THC distribution network.
Updated on Oct. 23, 2026 in Financial Crime
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Authorities arrested Casey Anne Smith on charges of money laundering and drug distribution linked to her role at Delray Beach-based Not Your Bakery LLC. Investigators allege the company operated a nationwide distribution network for THC products that far exceeded legal hemp limits.
Why it matters
The case highlights a crackdown on businesses allegedly masking illegal drug distribution as legal hemp commerce to avoid regulatory scrutiny. Prosecutors aim to dismantle this operation by targeting the entity's financial structure and seizing significant assets.
Casey Anne Smith is currently held on a $20 million bond while facing 12 counts of money laundering, organized fraud, and controlled substance distribution. Authorities are also seeking the forfeiture of a boat, several vehicles, and two properties.
The players
Casey Anne Smith
She is the primary defendant arrested for alleged money laundering and drug distribution in connection with a Florida-based company.
Not Your Bakery LLC
This is the Delray Beach business entity identified by investigators as the center of an alleged nationwide THC distribution network.
JPMorgan Chase
The financial institution terminated the business accounts of Not Your Bakery LLC in 2025 due to concerns regarding suspicious transactions.
The details
Testing of more than 8,000 pounds of seized company product revealed delta-9 THC levels exceeding 1%, well above the 0.3% legal limit for hemp. Court documents suggest Smith funneled money through personal shell companies while managing the business entity.
Timeline
February 2025: Investigators performed an undercover purchase of six company products.
November 2025: JPMorgan Chase closed the company's accounts due to suspicious activity.
July 13, 2026: Casey Anne Smith was formally terminated from her position.
October 23, 2026: Publication date of the current report.
Legal Context
This criminal case challenges the boundary between legal hemp production and illegal THC distribution established by the 2018 Farm Bill. It reflects a broader trend of law enforcement agencies intensifying scrutiny on companies using hemp-labeling loopholes to traffic controlled substances.
Local residents and business owners in Delray Beach may see continued scrutiny of local hemp-labeled storefronts as investigations proceed. Authorities have signaled that the operation was widespread, potentially impacting consumers who inadvertently purchased products with high THC concentrations.
The takeaway
This case underscores the legal risks for companies attempting to exploit regulatory gaps in the hemp industry. Consumers are encouraged to verify the certification of any hemp-derived products to ensure they comply with established safety and legality standards.
Further reading
For more information on regional investigations, visit the Financial Crime section.
Live Poll
Do you trust that regulators are doing enough to oversee businesses selling intoxicating hemp-based products?
