The legal controversy swirling around prominent cannabis brand Cookies has taken an abrupt and unusual turn, with one of the litigants who sued the company earlier this year dropping a lawsuit and walking back sworn statements made in court.
In a lawsuit and subsequent filings in Los Angeles County Superior Court, Paul Rock, CEO of a Florida-based company called Cookies Retail Products, claimed that Cookies executives tried to “sabotage” a multimillion-dollar deal in which CRP would license the Cookies brand and sell delta-8 THC and CBD products.
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Rock claimed that Cookies executives took kickbacks from arrangements with third-party vendors, similar to allegations made in a separate lawsuit brought by Cookies investors that’s still pending.
Rock also claimed that Cookies executives, including company President Parker Berling and Chief Financial Officer Ian Habenicht, meddled in purchase orders with those vendors, leading to lengthy delays that left CRP stuck
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