California cannabis grower sues another under federal racketeering statutes

MJ Biz reports on a suit that appears to throw in the kitchen sink as well. “The 126-page lawsuit outlines 25 different counts of alleged wrongdoing, ranging from conspiracy and racketeering to breach of contract and elder financial abuse – the latter charge because Shulman is a 66-year-old grandmother.”

Here are the basics read the full story at the jump

In what may be a potential first for the marijuana industry, a Southern California cannabis farmer filed suit against another grower in federal court and is attempting to use anti-racketeering laws to back up the legal claims.

In a lawsuit filed in U.S. District Court in the Central District of California, Santa Barbara County businesswoman Francine Shulman and her company, Iron Angel, contend that the operators of Vertical Companies, a Los Angeles-based marijuana cultivation firm, defrauded her and stole her property.

The 126-page lawsuit outlines 25 different counts of alleged wrongdoing, ranging from conspiracy and racketeering to breach of contract and elder financial abuse – the latter charge because Shulman is a 66-year-old grandmother.

Shulman’s suit against Vertical seeks at least $200 million in damages.

California cannabis grower sues another under federal racketeering statutes

The Lawsuit

Iron-Angel-v-Vertical-lawsuit

 

 

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