Marijuana Business Magazine November December 2018

Nevada Green Pastures Fund, Jakal Investments, Jonathan Fenn and Growth Opportunities are suing CWNevada, one of the state’s largest cannabis companies, for alleged fraud, failure to repay lenders and misusing intellectual prop- erty. Six separate lawsuits reportedly have been filed, though most of them have been combined into one case. “CWNevada management has managed to run the busi- ness into the ground,” the primary lawsuit said. One of the claims alleges that CWNevada used a Wana Brands formula to make a competing product dubbed Scarlet Oil- works gummies. A representative from CWNevada denied the allegations. New Jersey The state health department waived a ban prohibiting MMJ businesses from selling vape cartridges filled with concentrates, a move that could boost dispensary sales and open new opportunities for vaporizer and concen- trate producers. Curaleaf New Jersey in Bellmawr already has received permission to start selling the cannabis vaporizers, and Breakwater Treatment and Wellness in Cranbury requested approval. New Jersey’s MMJ program served 30,000 patients as of September, a figure that’s nearly doubled since late 2017.