Military veterans who sued the Office Of Cannabis Management (OCM) in August, which provoked a temporary injunction on the issuance of new social equity retail licenses have finally reached a settlement.
The settlement comes some five weeks after New York regulators opened the licensing application period to all individuals and businesses.
According to a letter provided to MjBizDaily, the plaintiffs’ lawyer Brian T. Burns noted that the parties had reached an agreement and informed the Supreme Court, which has not yet decided on the pending summary judgment motions.
“Finalization of any settlement is contingent on the drafting and execution of a formal settlement agreement acceptable to all parties, approval of the settlement by the defendant-respondent New York Cannabis Control Board, and the settlement agreement being so ordered by Supreme Court,” the document reads.
Background
In the lawsuit filed by NYC firm Clark Smith Villazor, LLP, Carmine Fiore, William Norgard, Steve Mejia, and Dominic Spaccio accused the OMC of violating …