July 19, 2023
A Maryland federal judge has consolidated two derivative shareholder suits against a cannabis-focused real estate investment trust and also appointed two law firms, Hynes & Hernandez LLC and Glancy Prongay & Murray LLP, as lead counsel for the consolidated suit.
July 10, 2023
Shareholders suing the officers of a cannabis real estate investment trust are asking a Maryland federal court to consolidate their suits, saying both cases tread the same factual and legal ground, and so should be litigated together.
June 06, 2023
A real estate investment trust that works with cannabis operators is facing a suit from shareholders alleging management failed to investigate two of the REIT's tenants, leading to millions in losses when scandals involving those tenants came to light.