Law360 (October eight, 2019, eight:59 PM EDT) — Canopy Development on Tuesday stated a hemp grower attempted a brazen $13 million fraud by funneling money for a nonexistent 1,000-acre hemp crop into a side business enterprise and individual costs, like a property in Panama, according to a complaint in New York federal court.
The lawsuit comes on the heels of the grower’s personal complaint Monday accusing the Canadian cannabis juggernaut of reneging on two hemp contracts. The grower, Go Farm Hemp LLC, stated it was bilked out of $1.9 million and has faced threats that its crops and home could be seized. Each instances have been filed in New York and concern a pair of contracts inked…
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