Cannabis operator Jushi and its subsidiaries today announced the first settlement tied to legal action initiated last year against 10 hemp companies in Pennsylvania.
Revelry Supply, one of the defendants in the litigation, agreed to a settlement and mutual release agreement with Jushi, which said it will continue to pursue its claims against remaining defendants.
The litigation was filed as part of a broader enforcement action initiated by the Jushi Subsidiaries against multiple entities and relates to the sale and distribution of certain unregulated intoxicating hemp-derived THC products in Pennsylvania.
The company said it believes certain unregulated wholesalers and smoke shops are engaging in unfair trade practices by selling illegal marijuana products under the guise of “hemp.” It said these products are being distributed outside of Pennsylvania’s regulated medical marijuana framework, providing an unlawful economic advantage to unlicensed operators, shifting compliance burdens onto lawful licenses, endangering public health, and destabilizing the regulated market.
“We initiated this litigation to help protect the integrity of state regulated cannabis markets and, most importantly, to support public health and safety by addressing the proliferation of under-regulated intoxicating products being sold across the US,” said Trent Woloveck, Chief Strategy Director of Jushi, in a statement. “We believe consumers deserve transparency, product testing, and regulatory accountability. We will continue to shine the light on the bad actors in “hemp”. This first settlement marks an important step in that effort, and we remain committed to advocating for a fair, well-regulated marketplace that protects patients, consumers, and stakeholders.”
Remaining defendants include Golden Hour Farms, SuperGreenSHEMPCO, MC Botanicals, MC Vivimus, MC Nutraceuticals, DC Brands, Wyatt Purp, Black Market Shoppe and South Street Market.
