BREAKING: Arbitrator Orders Cookies to Pay Investors $61.5M
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.2 Articles
2 Articles
Cookies did not end with judicial turbulence. Cookies Creative Consulting & Promotions (CCC&P) was awarded an arbitral award of more than $61.5 million for the benefit of Gron Ventures Fund I and Red Tech Holdings, two of the company's historical investors. Announced on 9 September by Gron Ventures, the decision comes after more than twenty days of hearing. According to Gron, the sum includes damages, as well as legal and legal fees. Read more
BREAKING: Arbitrator orders Cookies to pay investors $61.5M
An arbitrator ruled that the company which licensed the Cookies brand to operators defrauded two of its investors and ordered the company to pay $61.5M. Cookies Creative Consulting & Promotions (CCCP) enabled Cookies to become one of the best known brands in cannabis by licensing the brand's IP to dozens of operators. A statement put out by Orange County investor Gron Ventures said it and Red Tech Holdings had put a total of $15.5M into CCCP in …
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
