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Home Cannabis Stock Quotes & News

Ex-exec sues Curaleaf, Grassroots over promised stock

Jeremy Vedder by Jeremy Vedder
February 2, 2022
in Cannabis Stock Quotes & News, CuraLeaf
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Ex-exec sues Curaleaf, Grassroots over promised stock

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A former executive for a cannabis company acquired by multistate giant Curaleaf alleged in a new lawsuit that she never received the equity she was promised as a condition of her employment.

Lisa Hurwitz said in her complaint, filed Friday in Chicago in state court, that when she joined Illinois-based Grassroots — formally known as GHG Management LLC — in late 2018 as its chief marketing and growth officer, CEO Mitchell Kahn promised her a stake in the company valued at $2 million, or a roughly 1% share. She alleged further that when she was fired some two years later, during which…

To Read The Rest Of This Article By Staff on Law360

Published: June 17, 2021

Founder & Interim Editor of L.A. Cannabis News

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