Medical Marijuana Company Seeks Dismissal Of Shareholder Claims

Mealey's (September 17, 2020, 1:56 PM EDT) -- TALLAHASSEE, Fla. — Dismissal of a shareholder class action lawsuit against a medical marijuana company and two of its senior executives is necessary because investors have based all of their claims on an "online short report posted by an anonymous author" that has taken the defendants' statements out of context and used "false invective and distorted anecdotal information," the defendants argue in a Sept. 11 motion to dismiss filed in Florida federal court (Monica Acerra, et al. v. Trulieve Cannabis Corp., et al., No. 20-186, N.D. Fla.)....