Melissa Etheridge’s Failed Cannabis Startup Left Business Partners in ‘Ruin,’ Complaint Says

  • 📰 billboard
  • ⏱ Reading Time:
  • 51 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Melissa Etheridge's failed cannabis startup has led to a legal battle with former business partners who say she “abandoned them.'

Melissa Etheridge poses for the 2024 CMT Music Awards portraits at the Moody Center on April 07, 2024 in Austin, Texas.is facing a legal battle over her brief foray into the cannabis business, filed by two business partners in Northern California who claim that the singer “abandoned them” and left them in “financial ruin.”

Representatives for the Etheridges, including their attorney who received the arbitration demand, did not return repeated requests for comment on the dispute. Attorneys for the Robertos declined to comment.via mutual friends in Northern California in 2017, and that the foursome then hatched a plan to launch a series of cannabis businesses, including Etheridge Farms and Etheridge Botanicals.

The plan, according to the Robertos, was for the couple to contribute their extensive cannabis industry expertise and work on product development, while the Etheridges would use their celebrity status to promote the business, seek outside investors, and continue to support the business financially.But while the Robertos say they “devoted every ounce of their money, time and attention” to the businesses, they claim the Etheridges failed to do the same.

Those tragic events are not directly mentioned in the new legal filings, but attorneys for the Robertos allude to them in making their case.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 112. in BUSİNESS

Business Business Latest News, Business Business Headlines