Brown was named MPX’s national compliance director in 2018 and when iAnthus took over MPX’s operations in 2018, Brown was required to interview for his job, while the white compliance officers were not required to do the same, the lawsuit contends. Brown alleges that iAnthus demoted him to a regional compliance officer role and promoted a white man to take over the national job, the report says.
Compassionate Care got there first, opening the Botanist medical marijuana dispensary on the Boardwalk in February 2020. A few months later, Compassionate Care Foundation was acquired by Acreage Holdings, a limited liability company.
iAnthus Capital Holdings (CSE: IAN) this evening issued an update related to its fourth quarter and full fiscal year 2019 financial statements, indicating that the required filings will “likely be delayed until after the extended filing deadline of June 15, 2020.” The result, is that the company expects its equity to be issued a cease trade order until such time that it files the required documents with the exchange.
CCF applied for a stay of the process last year, too, after filing an objection appeal against the state which it contends “ignored a clear statutory mandate” and “flip-flopped on a prior standard it previously argued was ‘integral’ to the success of the medical marijuana program” – geographic diversity – by permitting MPX to locate their dispensary at 118 St. James Place in Atlantic City.
The New Jersey Department of Health’s decisions don’t explain why it would neglect to follow a statutory mandate or divert from prior policy, CCF contends.