MJ Biz reports..
GenCanna, a Kentucky hemp and CBD company that filed for Chapter 11 bankruptcy in February, has dropped a suit against CBD company Medterra for unpaid invoices worth $4.5 million.
GenCanna, now known as OGGUSA Inc., had sued Medterra last month, alleging that the latter failed to pay for shipments of CBD extracts and other products it accepted, Law360 reported.
Read more at
Bankrupt GenCanna drops suit against MedTerra, calls CBD company ‘long-term partner’
