November 24, 2024 11:06 pm
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Strained relationship: Arizona business says it was cut out of big Canopy deal

By David Hudnall | Phoenix New Times

The sale of a proprietary CBD strain to the largest marijuana company on the planet excluded one of the rightful owners of that strain, an Arizona business alleges in a lawsuit filed in Oregon federal court last week.

In dispute are the assets of Your Custom Genetics Holdings LLC, a failed hemp venture formed in 2017.

Big Wuf Enterprises, LLC, which is incorporated in Arizona and owned by John Short, was a 45 percent partner in Your Custom Genetics. Short was also executive chairman of Your Custom Genetics.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.