Another Company Slams Alabama Cannabis Regulator With Lawsuit Amid Talks To Resolve Ongoing Litigation
Portfolio Pulse from Jelena Martinovic
Alabama Medical Cannabis Commission (AMCC) is facing another lawsuit, this time from Medella LLC, a medical cannabis company applying for a license. The lawsuit alleges that AMCC's assessments of license candidates misleadingly suggested that one of Medella's owners or senior directors had a criminal background. This follows previous legal actions against the commission from Alabama Always LLC and Verano Holdings Corp. (OTCQX:VRNOF), both of which have been involved in legal disputes with the commission over its license allocation process.

September 13, 2023 | 4:30 pm
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Verano Holdings Corp. (OTCQX:VRNOF) is involved in ongoing legal disputes with the Alabama Medical Cannabis Commission over its license allocation process. This could potentially impact the company's operations in Alabama.
Verano Holdings Corp. is involved in legal disputes with the Alabama Medical Cannabis Commission over its license allocation process. This could potentially impact the company's operations in Alabama, and thus, its stock price in the short term.
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IMPORTANCE 70
RELEVANCE 75