Earlier this week, a subsidiary of DionyMed Manufacturers Inc. DYMEF 2.78% filed a lawsuit in opposition to Eaze Applied sciences, Inc. within the California Superior Courtroom for the County of San Francisco. The previous is pursuing an injunction to cease Eaze’s alleged processing of credit score and debit playing cards by way of its web site and app.

The plaintiffs argue that “to realize an unfair aggressive benefit within the California cannabis supply market, Eaze is directing, coordinating, and taking part in a scheme to defraud bank card corporations and monetary establishments into processing cannabis transactions in violation of a bunch of felony legal guidelines.”

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Printed: June 07, 2019

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