Raekwon says his cannabis venture in Newark never had a fair shot, claiming he and his team were “hoodwinked” by their landlord after a judge ordered the closure of his dispensary, HashStoria, over more than $500,000 in unpaid rent and fees.
The ruling came down after BMHC LLC, the property owner, filed suit alleging months of missed payments.
However, Raekwon’s crew says there’s more to the story. They argue they had a verbal agreement to pause or adjust rent payments during extended construction delays and permitting issues tied to the City of Newark, which left the business unable to generate income.
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