Those botanical terpenes were briefly banned by Gov. Kate Brown during a respiratory illness outbreak last fall. But Cura kept selling them, state investigators concluded—part of the reason why the Oregon Liquor Control Commission issued a record $110,000 fine to Cura. (The governor’s ban was held up in court, but Cura’s products would still have been misleadingly labeled even if they weren’t banned.)
“We expect to try this case before an Oregon jury sometime within the next year,” Fuller tells WW. “The final judgment against Cura may exceed $37 million including statutory damages.”
The lawsuit arrives as Cura is on the brink of completing a sale to a Canadian firm. The sale was announced last year as a billion-dollar acquisition—which would have made Cura one of the state’s only “unicorns” (a company valued at $1 billion). But the value of the sale has shrunk considerably since then.
Read more from the source: Wweek.com