Three medical marijuana cultivators were granted licenses as state sales have risen dramatically during the pandemic, said a Dept. of Finance spokesperson. The additions have drawn controversy, including a lawsuit filed against a cultivator in the River Valley.
“These licenses are worth 10s of millions of dollars, if not more, so they’re obviously very important to companies,” said Scott Hardin, Dept. of Finance spokesperson. “The challenges aren’t a surprise. I think it’ll be interesting to see where all of this goes.”
Representatives of the five current cultivators filed a lawsuit against a Fort Smith cultivator, accusing it of being a dissolved LLC and also being too close to a school, as defined by a Medical Marijuana Commission memo. River Valley Relief Cultivation LLC was dissolved, according to the Secretary of State’s website.
The lawsuit seeks to have the cultivator’s license revoked.
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