New Jersey: Co-founder of hemp drink Kaló sues  Hillview Med Inc.  & CEO Kenneth VandeVrede, alleging he misappropriated funds, committed fraud

The co-founder of the popular hemp-infused beverage Kaló is suing New Jersey-based Hillview Med Inc. and CEO Kenneth VandeVrede, alleging the high-profile cannabis entrepreneur misappropriated funds, committed fraud and stole the brand.

Kenneth Voorhees III, former president of fragrance manufacturer Ungerer & Company, and his wife, Suzanne, filed the lawsuit March 6 in Morris County, according to court records. The lawsuit accuses VandeVrede of “pillaging” funds, resources and intellectual property from Kaló Brands LLC, a hemp infused beverage company founded in 2019 as a joint venture between VandeVrede and the plaintiffs.

Source: https://www.nj.com/marijuana/2023/04/co-founders-feud-over-popular-hemp-infused-seltzer-tied-to-nj-medical-cannabis-company.html

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