TLRY - Tilray Settles Lawsuit Relating To Bob Marley-Branded Cannabis Products Deal | Benzinga
A federal judge resolved and dismissed a lawsuit against Canadian cannabis giant Tilray Brands. Inc (NASDAQ: TLRY) (TSX: TLRY) in relation to a Bob Marley-branded marijuana products deal. U.S. District Judge Tana Lin in Washington state dropped the case and ruled that neither side has to pay the other’s legal fees, writes Green Market Report, citing Law360.
Earlier this year, Docklight Brands Inc. sued Tilray for dropping out of the Bob Marley cannabis products licensing deal.
Docklight and Tilray subsidiary High Park Holdings entered into a licensing agreement some five years ago that would have allowed High Park to sell and advertise Bob Marley-branded cannabis products. According to the lawsuit, after Tilray Full story available on Benzinga.com