A third party – and second partner – with ties to Cookies has filed a lawsuit against the co-founders and executives behind the popular cannabis brand alleging that a business deal went very sour.
The latest allegations are laid out in a lawsuit filed July 3 in Los Angeles Superior Court by attorneys representing H n V Holdings, the parent company of SeedJunky, a California genetics company.
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In 2019, Cookies and SeedJunky partnered on a separate genetics brand called Minntz, the lawsuit claims, 51% of which was owned by Cookies and 49% by SeedJunky.
But Cookies executives “abused their power … to cook Minntz’s books to SeedJunky’s detriment” and “line their pockets at Minntz’s and SeedJunky’s expense,” the lawsuit alleges.
Cookies also “stole Minntz’s proprietary cannabis genetics, mislabeled them, and fraudulently sold them as Cookies’ own product and/or provided them to Cookies affiliated cultivators in exchange
Read full article on Marijuana Business Daily
