You are here
Home 🌿 Medical Cannabis News 🌿 Marijuana lawsuit targets Colorado businessman’s Illinois expansion 🌿Marijuana lawsuit targets Colorado businessman’s Illinois expansion
CHICAGO — A colorful Denver businessman and city council candidate schemed to monopolize the new medical marijuana industry in Illinois, according to a lawsuit that has joined a parade of legal challenges from competing marijuana business applicants in the state.
Medponics Illinois filed the lawsuit Monday in Lake County. It claims Kayvan Khalatbari (KAY’-vohn Kahl-aht-BAR’-ee) and his Denver companies have controlling interests in more than three Illinois cultivation centers.
If true, that would violate Illinois regulations. But some industry insiders say Khalatbari has played by the rules and, while he’s an owner in one Illinois company, he’s merely a contract consultant for another — a much lower level of involvement.
“That’s not gaming the system. That’s staying within the letter of the law,” said Kris Krane, a cannabis consultant who is familiar with the Illinois industry and is not involved in the lawsuit.
This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.
420 Intel is Your Source for Marijuana News
420 Intel Canada is your leading news source for the Canadian cannabis industry. Get the latest updates on Canadian cannabis stocks and developments on how Canada continues to be a major player in the worldwide recreational and medical cannabis industry.
420 Intel Canada is the Canadian Industry news outlet that will keep you updated on how these Canadian developments in recreational and medical marijuana will impact the country and the world. Our commitment is to bring you the most important cannabis news stories from across Canada every day of the week.
Marijuana industry news is a constant endeavor with new developments each day. For marijuana news across the True North, 420 Intel Canada promises to bring you quality, Canadian, cannabis industry news.
You can get 420 Intel news delivered directly to your inbox by signing up for our daily marijuana news, ensuring you’re always kept up to date on the ever-changing cannabis industry. To stay even better informed about marijuana legalization news follow us on Twitter, Facebook and LinkedIn.
Follow us on Instagram
Connect with us on Linkedin