NOT YOUR BAKERY CEO ARRESTED, HELD WITHOUT BOND IN THC PROBE
MICHEL IVES IS LATEST ARREST IN PBC, NATIONWIDE INVESTIGATION. DELRAY BEACH, FL (BocaNewsNow.com) (Copyright © 2026 MetroDesk Media, LLC) — The CEO of a Delray Beach hemp company accused of running a nationwide THC distribution network now faces 11 felony counts, and his arrest paperwork calls for him to be held without bond on the most serious ones. Michael Carey Ives, 33, who lists addresses in Briny Breezes and Boynton Beach, is charged with money laundering over $100,000, conspiracy to commit organized fraud over $50,000, selling a Schedule I controlled substance, owning or leasing a structure used to sell drugs, and using a two-way communication device to facilitate a felony, along with conspiracy counts. A rough arrest form filed in Palm Beach County criminal court lists him as held without bond on the five money laundering and fraud counts. It’s the same Palm Beach County Sheriff’s Office case that led to the arrest of Not Your Bakery LLC’s former chief financial officer, Casey Anne Smith, Ives’ former partner, as BocaNewsNow.com first reported last month . Hassan Mohamed Soueid, 33, and Jonathan Enaldo Zelaya, 31, are also named as co-defendants. Detectives say the company’s “Jelly” brand vapes, gummies and dabs were
