MJBiz Daily: October 12, 2021 – A cannabis industry trial is set for Tuesday in a California state court, with a corporate executive suing multistate operator MedMen Enterprises and the company’s co-founders, Adam Bierman and Andrew Modlin.
The trial, scheduled for the Los Angeles County Superior Court, has been ongoing for more than two and a half years. The process began in January of 2019, when MedMen’s former chief financial officer, James Parket, filed suit for a breach of contract and wrongful termination.
Attorney McElfresh says the trial is likely to be a precedent-setter stating: “The outcome of this, and how the jury reacts, will inevitably affect how other (marijuana industry) lawyers and plaintiffs feel about their odds of success, what they want to bring forward, the pros and cons of airing this much dirty laundry,” Read the entire article here.