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June 28 2024,
Hi all,
The cannabis industry remains more interesting than presidential debates.
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Alex
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A judge dismissed California retailer Catalyst‘s closely watched lawsuit against rival Glass House Brands without ruling on the merits of the case.
Catalyst alleged that Glass House is a major diverter of product through licensed burner distributors. Glass House denied knowledge or participation in any diversion of its products, which appear on East Coast (Allswell) dispensary menus (Plus) and were spotted during a recent New York City warehouse raid.
The judge determined that it’s regulators’ role to enforce California’s diversion law. Catalyst has also sued the California Department of Cannabis Control over the same issue.
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Bel Costa Labs CEO Myron Ronay responded to the lawsuit brought by Infinite Chemical Analysis and Anresco Labs: “The allegations contain no merit and are nothing more than a desperate attempt by two struggling and “competing“ labs to gain market share and improve their financial condition. We will vigorously defend the services we provide and are confident that we will defeat this frivolous lawsuit.“
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And for pro subscribers: Stiiizy sues equity partners who “got greedy.”
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