Canopy Hemp Lawsuit

Arm of canadian cannabis giant canopy growth and a nevada based hemp producer appears to be over.

Canopy hemp lawsuit. Go farm hemp filed its lawsuit against canopy because canopy didn t pay part of its contract obligation. The full complaint which is a 1 9 million federal lawsuit can be read here. The lawsuit which was filed earlier this month in the u s. It alleges causes of action for breach of contract and for breach of good faith and fair dealing based on missed payments bad crop turnouts and ill advised spending.

After reviewing the filings from both parties i strongly suspect that canopy growth s case is meritorious. A federal judge recently ruled the lawsuit can proceed rebuffing an attempt to have the case tossed. District court of western kentucky owensboro division says bluegrass bioextracts contracted with hundreds of growers for their hemp to process into cannabidiol cbd oil. Two lawsuits between canopy us hemp grower dropped published december 12 2019 the legal battle between the u s.

Go farm hemp a nevada company had a contract to farm hemp for canopy in four u s. The fight began in october when go farm hemp filed its complaint accusing canopy of breaching a contract to purchase hundreds of acres of hemp biomass. Canopy growth is suing research and development farming rdf of california s central valley which contracted to grow 500 acres of hemp for the ontario company in 2019. Hemp growers have filed a class action lawsuit against a kentucky based hemp company after the company allegedly breached hundreds of thousands of dollars worth of contracts with the farmers.

In a lawsuit filed in july canopy said the california grower misused a 1 69 million deposit and killed hemp plants. As stated in the complaint canopy believes go farm used part of the advance to produce hemp seeds to resell them. Go farm hemp filed a 1 9 million lawsuit last month against canopy growth with regards to the new york farm. After the two companies signed the deal go.

Canopy goes on to accuse go farm hemp of running a hemp seed scheme and fraudulently funnelling money from the 12 million advance into personal bank accounts as well as making outlandish purchases such as a house in panama. Canopy filed notice that it is dropping its lawsuit accusing go farm hemp of squandering a 12 million advance to grow hemp. Canopy paid the deposit for the agreement and two installments but failed to pay the third installment that was due august 15 2019.