realestate

Cannabis REIT Prevails in Investor Lawsuit Settlement Dispute

New Jersey Judge Dismisses Cannabis REIT Class Action Suit Permanently.

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New Jersey federal judge has dismissed a proposed class action against a cannabis-focused real estate investment trust and its executives. The lawsuit, brought by the company's shareholders, was allowed to be permanently dropped due to the judge's ruling.

    The decision effectively ends the shareholder-led suit, which had accused the defendants of making misleading statements about the company's financial performance.

Cannabis real estate investment trust wins investor lawsuit settlement dispute case.