Cannabis Racketeering Conspiracy In Arizona: Medical Marijuana Giant's Lawsuit Against Ex-Employees And Competitors
Portfolio Pulse from Jelena Martinovic
Trulieve Cannabis Corp. is suing two former employees and five other cannabis businesses in Arizona for alleged 'kickback schemes' that granted them advantageous shelf space at the company's outlets. The two ex-employees, Randall Uberecken and Daniel Hirchak, allegedly obtained nearly $1 million and established separate companies to channel the kickback funds. Both were hired by Harvest Health & Recreation, which Trulieve acquired in 2021. Trulieve is also involved in a separate lawsuit against Harvest of Ohio and Harvest Grows over debt payoff negotiations.
September 12, 2023 | 7:16 pm
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Trulieve Cannabis Corp. is involved in multiple lawsuits which could potentially harm its reputation and financial standing.
The lawsuits against Trulieve Cannabis Corp. could potentially lead to financial losses and damage to the company's reputation, which could negatively impact its stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100