Cannabis
Dec. 26, 2024
Santa Barbara farmer awarded $43M in fraud case over cannabis venture
The case arose from a 2017 agreement between the plaintiffs Francine Shulman, her sons and the defendants to cultivate cannabis on Shulman's land, splitting the profits 50-50.
A Los Angeles County jury awarded more than $43 million to a Santa Barbara farmer and her sons in a fraud lawsuit against business partners over cannabis cultivation on their farm. The defense has responded by filing a motion for a new trial.
Judge Huey P. Cotton in Van Nuys entered judgment on the verdict finding defendants liable for fraud, breach of contract, and elder financial abuse on Dec. 9, while dismissing counter claims against the plaintiffs, 72-year-old farmer Francine ...
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