Australia’s Cannvalate named in US fraud lawsuit

Cannabiz Australia report

Cannvalate has been named among six defendants in a multimillion dollar civil fraud case in the US which has also drawn in one of Australia’s listed cannabis entities, InhaleRx.

Documents lodged in Williamson County, Texas, allege Cannvalate and five others conspired to commit fraud worth US$440 million over a business deal that turned sour in 2022.

Read full report  (paywall) at

Cannvalate named in US fraud lawsuit as InhaleRx distances itself from legal stoush

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