Verano Holdings sues over lost medical cannabis license in Alabama

The Alabama Medical Cannabis Commission (AMCC) awarded an initial 21 cannabis business licenses in June.

But the agency reversed that licensing round – and was sued – after finding “potential inconsistencies” in how the University of South Alabama evaluated those business license applications.

Despite winning one of the five vertically integrated licenses the state will allot with the “highest score” of any applicant, Verano Alabama did not win a permit in the second round announced in August.

Verano was the only applicant awarded a license in June that was not re-awarded a license in August.

The MSO believes it “rightfully earned and was awarded a License, and the Commission did not have the authority to void the awards of the Licenses following the June meeting,” the company told investors in an Aug. 10 public filing.

Verano reiterated that stance in its complaint filed Monday.

Read more at

https://mjbizdaily.com/verano-holdings-sues-over-lost-medical-marijuana-license-in-alabama/