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Lawsuit filed over license and sale of Newport medical marijuana cultivation facility

Lawsuit filed over license and sale of Newport medical marijuana cultivation facility
Lawsuit filed over license and sale of Newport medical marijuana cultivation facility
By Region 8 Newsdesk | April 6, 2021 at 9:43 PM CDT - Updated April 6 at 11:22 PM
NEWPORT, Ark. (KAIT) - The city of Newport filed a lawsuit in Jackson County Circuit Court on Monday, April 5 with 11 different counts, including breach of contract after the Arkansas Medical Marijuana Commission approved the sale of Natural State Wellness Enterprises, LLC to Good Day Farm, LLC back on Nov. 10, 2020.
The sale transferred the cultivation facility from Newport to Pine Bluff.
The city of Newport, the Newport Economic Development Commission, the Northeast Arkansas Charitable Foundation, and the Newport-Jackson County Industrial Development Bond Board are seeking over $5 million in damages “without notice” about the sale and transfer. ....

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Up and down: Lawsuits, fake websites, odourless tobacco and a really big U.S./Europe deal

Up and down: Lawsuits, fake websites, odourless tobacco and a really big U.S./Europe deal
leaderpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from leaderpost.com Daily Mail and Mail on Sunday newspapers.

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Up and down: Lawsuits, fake websites, odourless tobacco and a really big U.S./Europe deal

Up and down: Lawsuits, fake websites, odourless tobacco and a really big U.S./Europe deal
canoe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from canoe.com Daily Mail and Mail on Sunday newspapers.

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Chicago Cannabis Firm Faces RICO Suit Claiming Pot Trafficking

UpdatedTue, Mar 9, 2021 at 7:23 pm CT
Replies(3)
A federal civil complaint filed Monday in Colorado accuses Chicago-based multi-state cannabis operator Verano Holdings, and others, of participating in a drug smuggling conspiracy in violation of federal law. (Shutterstock)
CHICAGO A federal lawsuit accuses one of the biggest cannabis companies in the country Chicago-based Verano Holdings of violating the Racketeer Influence and Corrupt Organization, or RICO, Act by allegedly directing an employee to smuggle marijuana from Illinois to Arkansas.
According to the suit, company officials from Verano and several other pot firms conspired to set up a cannabis dispensary in Arkansas as part of joint operations between Verano, Arizona-based Harvest Health and Arkansas-based Natural State Wellness Enterprises. ....

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Divestitures

Rating agency Fitch sees some of the large German banks reducing or eliminating trading activities in the face of new regulations rather than split into two institutions.
The comments come following news last week that German regulators agreed to draft legislation that requires that banks cannot. Read More.
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