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News analysis

Two US cannabis companies fight out contract dispute in California courts

Written by || 23rd December 2022 || News analysis | Cannabis – recreational | Regulation and legislation | GeographiesCalifornia Nebraska North America United States

A 2021 acquisition deal between two cannabis companies over a lucrative shopfront in Orange County, California, has resulted in both companies filing legal claims against each other.

Unrivaled Brands recently announced that it had filed a cross-complaint against People’s California and its representatives Frank Kavanaugh, Jay Yadon and Bernard Steimman, and that it was partially successful in opposing an application to expedite a hearing on a writ of possession.

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CannIntelligence

This article was written by one of CannIntelligence’s international correspondents. We currently employ more than 40 reporters around the world to cover individual cannabis and cannabinoid markets. For a full list, please see our Who We Are page.

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