Tag: CBT > Cannabis Lawsuit: Page 7

Finance

3 Former CannTrust Executives Face Fraud, Insider Trading Charges

The lawsuit involves the Ontario Securities Commission’s first court proceedings involving a publicly traded cannabis company.

October 17, 2022

Vendor News

Eteros Wins Court Case in Favor Of Excluding “Marijuana-Related Drug Paraphernalia” Pursuant to the Authorization Exemption of the Controlled Substances Act

The ruling is a big win for cannabis technology and manufacturing companies.

October 5, 2022

Michigan

New Lawsuit in Detroit Claims Cannabis Ordinance Gives Unfair Preference to Longtime City Residents

A prospective cannabis business owner and a medical cannabis company in Detroit have filed litigation to challenge the city’s adult-use ordinance.

October 4, 2022

Interviews & Opinion

Civil RICO Lawsuits: Should The State-Legal Cannabis Industry Be Concerned?

Plaintiffs making RICO claims against cannabis businesses have yet to be successful, but that hasn’t stopped them from trying.

September 28, 2022

California

California Department of Cannabis Control Seeks $128 Million in Penalties From Illegal Cannabis Businesses

Regulators want a judge to order the defendants to pay the price for producing and selling products in the state for more than a year without a license.

September 27, 2022

Interviews & Opinion

‘A Very Long and Hard-Fought Battle:’ Inside One Company’s Quest to Secure Licenses in Illinois’ Adult-Use Cannabis Market

A court recently allowed High Haven to win five dispensary licenses in a corrective lottery. Now, the company is on a mission to secure a craft grow license.

September 27, 2022

Legislation and Regulation

Connecticut Social Equity License Applicants Receive Do-Over

Amidst a bevy of litigation, the state’s Social Equity Council OK’d five applicants to amend their rejected submissions.

September 27, 2022

Georgia

Georgia Regulators Award Two Medical Cannabis Licenses; Production to Begin Within a Year

After protests and litigation derailed Georgia’s medical cannabis licensing process, officials issued licenses Sept. 21 to Botanical Sciences LLC and Trulieve Georgia Inc.

September 22, 2022

Legislation and Regulation

Judge Orders Nevada Board of Pharmacy to Remove Cannabis from State’s List of Schedule I Substances

Clark County District Judge Joe Hardy’s Sept. 14 ruling stems from a lawsuit filed by the ACLU of Nevada.

September 19, 2022

Legislation and Regulation

Oklahoma Adult-Use Ballot Measure Receives 4 Challenges in Protest Period

As time is of the essence, legalization campaign advocates are urging the state’s Supreme Court to act swiftly on dismissing the opposing claims.

September 16, 2022

Washington

Agrios Global Sues Former Directors Over $30M Cannabis Facility

The lawsuit in Mason County, Wash., alleges the former board chairman and CEO breached fiduciary duties by unlawfully taking the property and business.

September 15, 2022

Nebraska

Appeals Court Rejects Request for Injunction in Nebraska Medical Cannabis Advocates’ Legal Battle to Ease Ballot Requirements

Nebraskans for Medical Marijuana filed a lawsuit in May to overturn a rule that requires petitioners to collect signatures from a large number of rural counties in the state.

September 7, 2022