(MENAFN- Investor Brand Network) A coalition of companies in New York has refiled a suit against the Office of Cannabis Management and the state's Cannabis Control Board. The state-licensed operators claim that New York's new rules on hemp-derived cannabinoid products have cost them losses adding up to millions of dollars. The companies hope to be awarded an injunction that would allow them to continue selling hemp products. This comes after a judge
dismissed a similar case
filed prior to this one on technical grounds.
In their statement, the plaintiffs note that the raids were part of a larger crackdown on the illegal marijuana trade in the state and enfolded the market for intoxicating cannabinoids such as delta-8 THC. The coalition filing the suit includes CBD sellers, distributors and producers that trade in hemp products which contain synthetically produced compounds such as delta-8 THC. In concentrated qualities...
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