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CBD And Hemp Legal And Regulatory Roundup – July 16, 2021 - Cannabis & Hemp

CBD And Hemp Legal And Regulatory Roundup – July 16, 2021 - Cannabis & Hemp
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Investor Slams Sanctions Objection In CBD Co Securities Suit

ADVERTISEMENT ADVERTISEMENT Investor Slams Sanctions Objection In CBD Co. Securities Suit Law360 (January 11, 2021, 7:13 PM EST) The lead plaintiff in a securities class action against a CBD company that allegedly misled investors about a rejected patent application has pushed back against objections filed by the company and its former executives after a magistrate judge hit them with sanctions. Richard Ina, a trustee of the Ina Family Trust, said in a filing Friday that an objection from former CV Sciences Inc. executives Michael Mona Jr. and Michael Mona III is frivolous and beyond the court s review. Last month, Magistrate Judge Brenda Weksler partially granted Ina s sanctions motion, in which Ina argued that the Monas former attorneys concealed evidence.

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