This week’s (former) Medmen information…… from MJ Biz

A longtime Southern California marijuana entrepreneur and govt filed suit towards Toronto-based Captor Capital – a former financial partner of MedMen Enterprises – for fraud, breach of contract and different misdeeds and is searching for at the very least $2.eight million in damages.

Matt Longo, a founding father of hashish dispensaries in Santa Ana and West Hollywood which have operated underneath the MedMen model title for years, filed his go well with towards Captor in Los Angeles County Superior Court on July 2, alleging that Captor pulled a “bait and switch” on him by promising firm inventory and wages that weren’t delivered.

Longo-Captor-MedMen-lawsuit

MedMen shouldn’t be concerned immediately within the lawsuit.

California marijuana exec sues MedMen affiliate Captor Capital for fraud, more

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