Lawsuit alleges ‘cartel’ colludes to keep cannabis prices high in Illinois. Industry members say there’s no evidence for the allegations.

  • 📰 ChicagoBreaking
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Industry participants say the allegations in the suit, filed by True Social Equity in Cannabis, are groundless.

A federal lawsuit accuses cannabis companies of running a “Chicago cartel” that colludes to keep prices high in Illinois ― but industry participants say the allegations are groundless.

Anna Rose Li-Epstein holds a sign on March 29, 2022, during a rally outside the Thompson Center by the group True Social Equity in Cannabis demanding broader decriminalization of marijuana in Illinois with no lottery or caps on business licenses. Michael Simpson, a prominent cannabis industry attorney who has represented one of the defendants, but has no connection with this case, called the suit “head-scratching.”

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:

 /  🏆 521. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Dispensary 3.5 grams $70 Local hood supplier 3.5 grams $25

Good. Let's get them in front of a judge and get this sorted out.

Why can’t we stop fucking things up? This state is a joke.

Weed corporations are publicly traded; this is why there aren't any Black dispensaries. Back room deals sealed the fate of potential Black businesses. Vulture capitalism reigns supreme in Illinois, combined with corruption.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines