Pot Grower Wins First Civil RICO Trial For Cannabis Industry

By Diana Novak Jones (October 31, 2018, 5:12 PM EDT) -- A Colorado federal jury sided with the owner of a cannabis cultivation business Wednesday as he fought a Racketeer Influenced and Corrupt Organizations Act suit brought by his neighbors, rejecting their claims that smells and sounds from the facility damaged their property.

A jury rejected the claims of Hope and Michael Reilly, shown in 2015, that a neighboring cannabis business hurt the value of their Colorado property. (AP)

The verdict, the first in a RICO suit against a legal cannabis business, closes a trial watched closely by industry players concerned about how a judgment against the grower could impact their liability...

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