29 March 2016
The publication reveals that
Marley’s company, JuJu Royal, is being sued by one of the co-owners of Dropleaf, which owns JuJu Royal, for payment of a loan that was intended to help launch the brand, according to News Americas Now.
The Hackney Family Trust is behind the suit, and family spokesman Erin Hackney wrote in the suit that the trust had put up over $74,000 last September to help fund the brand. But the principal amount, plus interest and costs, were supposed to be repaid by Dropleaf by this January.
To date, the amount has not been repaid. So the Hackney Trust filed suit on March 21.
JuJu Royal launched in Washington State in 2014, and has since expanded to California and Colorado, and in a few months, Oregon as well. The company specializes in specific strains of flower, concentrates and edibles.
The brand is not associated with Marley Natural, which is owned by Privateer Holdings.
The Jamaica Gleaner also has the story
Here’s the press release as distributed by Erin Hackney
Erin Hackney, founder of Julian Marley’s Brand, JUJU Royal Brand files federal lawsuit for breach of contract early this week.
In partnership with Kingsley Brand, LLC, DropLeaf, LLC launched Julian Marley JUJU Royal Premium Marijuana in 2014.
March 25, 2016 18:31 ET | Source: Investor, Erin Hackney
LAS VEGAS, March 25, 2016 (GLOBE NEWSWIRE) — The JUJU Royal Brand, founded by DropLeaf, LLC in partnership with JULIAN MARLEY, SON OF LEGENDARY REGGAE ARTIST BOB MARLEY, has already come under fire for breach of contract on payment to one of its original investors. DropLeaf, LLC is being sued by Erin Hackney, whose family trust, Hackney Family Trust, is an owner of the company.
The intent in building the Julian Marley Brand, JUJU Royal was to bridge reggae music, Rastafarian culture and the cannabis industry. The business has already been weakened with a lawsuit that was filed against the brand early this week for not paying a loan that was made to help launch the brand.
The suit filed on Monday March 21, 2016 states that on or about September 26, 2015, Plaintiff and Defendant entered into the Promissory Note dated September 16, 2015 in the amount of $74,262.00. Pursuant to the Note, Defendant agreed to repay the principal amount due, with interest, under the Note by the maturity date of January 1, 2016. Accordingly, $74,262.00 plus interest and costs was due on January 1, 2016. To date this has not been paid or attempts to do so by DropLeaf, LLC to the plaintiff, Erin Hackney.
Kingsley Brand, LLC, licensor of Julian Marley’s likeness and trademark name, exclusively partnered with DropLeaf, LLC to promote the movement to decriminalize marijuana and promote its healing benefits with the launch of the premium marijuana product line – Julian Marley JUJU Royal Premium Marijuana.
As the question continues of whether or not to legalize marijuana, son of the legendary reggae artist Bob Marley, Julian has continued to speak out in favor of decriminalizing marijuana and promote its healing benefits, Erin Hackney points out.
Julian at the launch of the product stated, “I am happy to speak out in favor of decriminalization and I salute DropLeaf as a proud participant in the movement and struggle to make this natural super plant available for all who need it and its healing properties.” Nov. 12, 2014
About Erin Hackney : Erin Hackney, the co-founder of the Julian Marley JUJU Royal Brand, has 20+ years of successful Fortune 200 business development and management experience with Fidelity Information Systems, Manpower Group, and Ranstad Professional Group.
About DropLeaf, LLC DropLeaf LLC, was seen as a pioneer of Branding within the Cannabis Industry. Their flagship brand has been Julian Marley JUJU Royal Premium Marijuana, a collection of dry product, edibles, and beverages. The DropLeaf team supported a legally controlled market for Marijuana where consumers and patients could purchase Cannabis for medicinal and personal use from a safe and legal source.
About Julian Marley
Born in London, England on June 4, 1975, Julian Marley is the son of reggae legend Bob Marley and Barbados-born Lucy Pounder. Growing up as a youth in a musical atmosphere, the Grammy Award Nominated roots-reggae musician, singer-songwriter, producer and humanitarian quickly adopted a musical lifestyle, and at an early age became a skillful, self-taught musician mastering the bass, drums, guitar and keyboards.
Ju Ju Royal http://www.jujuroyal.net