Wed, August 26, 2026
|
CannabisInsightKorea's Cannabis Business & Policy Media
GlobalUSA2026-05-18

Three Major U.S. Cannabis MSOs Face RICO Class Action — Allegations of 'Big Tobacco'‑Style Concealment of Harms


Three Major U.S. Cannabis MSOs Face RICO Class Action — Allegations of 'Big Tobacco'‑Style Concealment of Harms

Cresco Labs, Green Thumb Industries, Verano Holdings and other large U.S. multi‑state cannabis operators (MSOs) have been sued under RICO (Racketeer Influenced and Corrupt Organizations Act). About 40 plaintiffs across 12 states allege the companies concealed the health risks of their products and funded only favorable research, allegedly replicating strategies once used by tobacco firms.

For the full article, please visit the original source link below. CannabisInsight curates and summarizes key news from the global cannabis and hemp industry.

Source

businessofcannabis.com

This content is a summary and editorial by CannabisInsight based on the above source. Copyright of the original article belongs to the respective publisher.

Original Link

https://businessofcannabis.com/cannabis-news-today-monday-18-may-2026-rico-class-action-names-three-us-operators-as-canada-leads-germanys-medical-cannabis-imports/

Read Original →
#Global#USA#Cannabis#Hemp