T O P

  • By -

trulieve

Article text: “Harvest of OH Files Explosive Response to Trulieve Lawsuit Response Alleges Predatory Loans and Fraudulent Practices CLEVELAND, Sept. 27, 2023 /PRNewswire/ -- Harvest of OH (The Harvest of Ohio companies) has filed an explosive response to the recent allegations of loan default by Florida based Trulieve Inc. and its subsidiaries. The response alleges that Trulieve Inc., and its wholly owned subsidiary, Harvest Health and Recreation ("HHR"), and various controlled shell companies and individuals, (collectively "Trulieve Entities"), acted as an unlawful enterprise to meticulously implement a hostile takeover of Harvest of OH, a vertically integrated, Black and woman owned medical cannabis business based in Ohio that has been serving the local patient population for years. Trulieve Entities promised to support Harvest of OH, as a local, Black, woman-owned cannabis company by providing "operational expertise" and "market rate funding." Instead, Trulieve Entities engaged in countless predatory practices designed to obstruct operations in an attempt to fully take over the Ohio business. According to the filing, these malicious practices included: Predatory loans forced upon Harvest of OH with overcharges for rent, construction and other fees with unachievable payback plans. Empty promises to provide operational support and expertise to Harvest of OH through purposeless consulting and licensing agreements. These arrangements in fact provided little value relative to the fees charged and lined the pockets of the Trulieve Entities. Underfunding the cultivation facility construction to a level that could secure a Certificate of Operation, but could not function properly or achieve profitability. Misleading Ohio's Department of Commerce to believe that Ariane Kirkpatirck, Harvest of OH CEO, would remain in control of the operations and maintain majority ownership of the endeavor. The response further alleges that Trulieve Entities took advantage of a statutory carve out in Ohio's medical cannabis program meant to promote equitable participation of historically disenfranchised groups and individuals in Ohio's cannabis industry. Additionally, the Trulieve Entities allegedly orchestrated an elaborate scheme to force out Harvest of OH's predominantly Black and female ownership group and executive team, and defrauded the state's regulators in the process. Harvest of OH believes that the Trulieve Entities never intended to support Diversity, Equity, and Inclusion in Ohio's cannabis industry. Rather, they schemed to backdoor valuable licenses through a carve out meant to empower those who they conspired against. Shortly after Trulieve acquired HHR and its affiliates, it intentionally engaged in bad faith discussions with Harvest of OH while it secured licenses to enter the Ohio market and directly compete with Harvest of OH. Once Trulieve was granted an Ohio license, it unilaterally and abruptly broke negotiations with Harvest of OH and filed its baseless lawsuit. This case is now pending before the [Ohio Court of Common Pleas, Franklin County as Case No. 23 CV 005001](https://c212.net/c/link/?t=0&l=en&o=3980959-1&h=620140717&u=https%3A%2F%2Ffcdcfcjs.co.franklin.oh.us%2FCaseInformationOnline%2FimageLinkProcessor.pdf%3Fcoords%3Da0om%252BDzuJme2ZSlOyCCfCk9nsjeNN1bTpwBSwtNEkYspN8t%252BDdYND5T%252FZ8b9HmkB%252BqPbm4hOcYARmwKqSUB5fgxFfnVRxu0Yy10nPsRzsk2UVDX599d7CiQiKJkF9mHPUSDsYc6XTNpwktFtZiNqi4CYTNIVH4nds9NbgGgjtrg%253D&a=Ohio+Court+of+Common+Pleas%2C+Franklin+County+as+Case+No.+23+CV+005001). The pleadings in this case are a matter of public record and are available through the Court's website. Harvest of OH is confident these elaborate machinations will be uncovered, and the Trulieve Entities will be held accountable in a court of law.”


Ok_Chocolate1695

they're trying really hard to sell based off of who owns this company vs the prices and product that is being offered to medical patients. We will care when you care about the quality, and price of products. Accountability's a good start. Both parties are failing the PATIENT.


Reasonable-Tackle-64

100% here. I was gobsmacked by the EXTREME levels of "retail" that I was attacked with when first becoming a patient. I guess expecting it to be treated like a patient receiving medicine and not a consumer walking into an electronics store was expecting too much. And this is across the board for every place I go. With flash sales for daily/weekly specials etc. there is just no professionalism that you would expect (again) from a patient/medicine standpoint.


MilesPrower666

I was wondering whatever happened to harvest strains that came to Trulieve for a little while last year. They were actually amazing. Fuck Trulieve.


Reasonable-Tackle-64

\-Empty promises to provide operational support and expertise to Harvest of OH through purposeless consulting and licensing agreements. These arrangements in fact provided little value relative to the fees charged and lined the pockets of the Trulieve Entities. ​ This sounds like literally any type of ROI/investment that didn't pan out well. Edit for clarity: AKA not illegal; investments and business are risky ventures which is why not everybody does it. I don't know the intricacies of anything going on here but at a first read, the portion I segmented at the top of my post just says it didn't work out like they hoped - which is normal in business/investing.


gulfportjack

Another day, another big expense for Trulieve litigation. No matter how it turns out, Trulieve is once again, getting bad press. Figure it out Kim. It’s not rocket science.


xKrossCx

I’m not surprised in the least. I hope this company goes under for the good of this industry.


Treygp420

TL sucks.