Prominent marijuana brand Cookies is on the hook to pay its former partner on a failed San Francisco marijuana store $8.4 million, according to court records.
The significant payout due to the Cole Ashbury Group, Cookies’ erstwhile partner at the Berner’s on Haight dispensary that closed last year after opening to great fanfare in December 2019, is the result of a “put option” baked into the two parties’ licensing agreement, according to an earlier arbitration ruling upheld on June 30.
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The April 2025 arbitration ruling, which awarded Cole Ashbury $7.3 million in damages plus more than $1.1 million in attorney’s fees and costs, was first reported by Blurred Culture.
Retired San Francisco Superior Court Judge Harold Kahn finalized the ruling on June 30,
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