Cura Cannabis, the Portland firm acquired in a deal price practically $400 million in February, is going through its second class-action lawsuit this 12 months. Reports MRR

The lawsuit in opposition to Cura CS LLC, one of many firm’s entities, was filed in May in Multnomah County Circuit Court. It alleges Cura’s Select Elite vape oils didn’t include as a lot THC as promised.

The plaintiffs are looking for compensatory damages “in excess of $10 million.”

It follows a January suit, in the identical court docket, associated to mislabeling merchandise that contained non-cannabis components, errors Cura stated had been unintentional however that resulted in $110,000 in fines by Oregon regulators.

The events in that lawsuit have agreed to “make an attempt at an early resolution” via an impartial mediator, in keeping with Michael Fuller, lawyer for the plaintiffs. He stated the talks might start in August.

In the newer swimsuit, attorneys for Cura CS filed discover final week to maneuver the swimsuit to federal court docket in Portland.

More Detail At The Portland (OR) Biz Jnl (Paywall)


Source link