The lawsuits are also the first to claim that federal racketeering laws allow them to win damages from pot businesses that flout federal law. The plaintiffs have not specified amounts they would seek.
Lawyers say the racketeering approach is a new one.
“If these lawsuits are successful, it could be devastating for the industry,” said Sam Kamin, a University of Denver law professor who helped craft Colorado’s pot regulations. “But it will be very difficult for the plaintiffs to prove damages directly attributable to the marijuana industry.”
Good LUCK to anyone still long Here.. peace SJO
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