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Baltimore County cannabis firm sues its management company, alleging theft of millions

June 28, 2023

A Baltimore County cannabis company is alleging that a Canadian company stole millions from its coffers and used the funds to finance its other struggling businesses. In a federal lawsuit filed June 20 in U.S. District Court, LMS Wellness, Benefit LLC, which runs a dispensary in Baltimore County called “Health for Life White Marsh,” alleges that Canada-based iAnthus Capital Holdings and its subsidiary S8 Management LLC stole more than $4.5 million from the company through unlawful transfers while also making “false claims” about how those funds were being used.

Article Source: Baltimore Business Journal

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