By Mike Curley (March 19, 2024, 10:50 AM EDT) --
OG Article: here
View our Fair Use Policy: here
A Nevada federal judge has thrown out for good a suit from the co-founder of CBD company CV Sciences Inc. that alleges an investor reneged on a profit-sharing agreement, saying the latest complaint still doesn't establish that the court has jurisdiction over the investor
It seems that the co-founder of CV Sciences Inc. had alleged that the investor reneged on a profit-sharing agreement. However, despite the co-founder's claims, the judge determined that the complaint did not adequately demonstrate the court's jurisdiction over the investor.
This development suggests that the legal dispute between the co-founder and the investor will not proceed further in the Nevada federal court due to jurisdictional issues.
