Shaquille O'Neal, the famous basketball player, is suing his former cannabis business partner for more than $1 million. Shaquille and his fellow plaintiff, Jerome Crawford, invested $150.000 in a new cannabis business in December 2016.
Their investment was supposed to help the company "pursue opportunities in the field of legal cannabis," but O'Neal claims that by late 2017, the company still "seemingly had no licenses, no revenue, and no operations." O'Neal says that, when he and his attorneys pressed for details on how their money was being used, the company initially did not respond.
After threatening litigation, the company agreed to pay him and his partner back in installments, but after the first installment, the payments stopped, Shaquille states.
He and Crawford are now suing the company for $1 million.
Read the complete article at tmz.com.
