Chicago firm withdraws suit over marijuana permit

A Chicago company announced Monday it has withdrawn the first lawsuit against the state challenging the way officials dispensed medical marijuana business licenses.

PM Rx LLC said in a statement it has agreed to dismiss all its claims against the state and a rival company, Cresco Labs. Cresco had won a permit to grow medical marijuana in a state police district that covers Ford, Iroquois and Kankakee counties, but PM Rx challenged the way the Department of Agriculture issued permits.

"After extensive factual investigation, and in light of the recent tragic passing of PM Rx CEO Andrew James, PM Rx has agreed to dismiss all claims against both Cresco Labs LLC and the state of Illinois with respect to the state's decision to award Cresco Labs the State Police District 21 cultivation center permit" under the state's medical marijuana law, PM Rx's vice president Steve Patterson said in a statement....

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URL: 
http://www.chicagotribune.com/news/local/breaking/ct-chicago-medical-marijuana-permit-lawsuit-20150518-story.html