A St. Louis jury awarded $10 million Tuesday to three plaintiffs in a sprawling ownership battle over six Missouri cannabis licenses involving more than 20 businesses and individuals.
Over a week of testimony, jurors heard about a tangled series of business agreements and allegations that partners went behind one another’s backs to secure competing deals.
The case hinged on whether the plaintiffs in the case — AJO MO LLC, Hi-Rise LLC and DMS Facility Management LLC — lawfully acquired a company through a transaction that would have made them majority owners of a cannabis cultivation and manufacturing facility in Waynesville that also included 40% stake in four Heya dispensaries…