Ex-Exec Sues Curaleaf, Grassroots Over Promised Stock

By Sam Reisman (June 16, 2021, 6:26 PM EDT) -- A former executive for a cannabis company acquired by multistate giant Curaleaf alleged in a new lawsuit that she never received the equity she was promised as a condition of her employment.

Lisa Hurwitz said in her complaint, filed Friday in Chicago in state court, that when she joined Illinois-based Grassroots — formally known as GHG Management LLC — in late 2018 as its chief marketing and growth officer, CEO Mitchell Kahn promised her a stake in the company valued at $2 million, or a roughly 1% share.

She alleged further that when she was fired some two years later, during which...

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