marijuana stock news

Court Orders Abattis Bioceuticals to Cease Emergency Motions Against Affinor Growers Inc., Affinor Growers LLC and Nick Brusatore. Judge Agrees There is No Basis for Such Claims by Abattis

MONTREAL, CANADA–(Marketwired – Nov 12, 2014) – Affinor Growers (CSE:AFI)(RSSFF)(1AF.F) (“Affinor” or the “Corporation) In a Temporary Restraining Order hearing in Washington State, the court ordered that Affinor Growers Inc., Affinor Growers LLC and Nick Brusatore should not be included in these proceedings. Brusatore’s lawyer, Kevin Sullivan, explained that there was no basis for such claims, and the judge agreed.

The court made a very limited order, which was much less that what had been requested from Abattis. Herbal Analytics’s attorney Ray Brooks, informed the court that Herbal Analytics was not using any documents obtained from Phytalab and did not intend to use them.

Based upon that alone, the court ordered Herbal Analytics to continue to do the same and to preserve documents. Another hearing was ordered on the matter for November 24, 2014. This was way less than Abattis had requested. They had proposed an order finding that Herbal Analytics’ employees had breached fiduciary duties and that they had caused damage to Phytalab. The court did not find this, nor did the court find that anyone at Herbal Analytics had committed any sort of theft of their intellectual property.

In short, the court ordered that Herbal Analytics continue to do what it has agreed to do all along, that is not to use any information that Phytalabs former employees may have had access to while they worked there. Herbal Analytics was not restrained from going forward with its own plans to operate as a certified tester of cannabis and marijuana products, including drug discovery and other herbal research. The narrow court order specifically states that it does not apply to Affinor Growers Inc., Affinor Growers LLC and Nick Brusatore.

Affinor Growers Inc, Affinor Growers LLC., Nick Brusatore and Herbal Analytics fully and completely deny all wrongdoing and plan to vigorously defend the meritless lawsuit filed by Abattis.

About Affinor Growers Inc.

Affinor Growers is a diversified publicly traded company on the Canadian Securities Exchange under the symbol (“AFI”). Affinor is focused on growing high quality crops such as romaine lettuce, spinach, strawberries and high quality medical Marijuana. Affinor is committed to becoming a pre-eminent grower, using exclusive vertical farming techniques.

On Behalf of the Board of Directors
AFFINOR GROWERS INC.
“Sebastien Plouffe”
President & CEO

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release

FORWARD LOOKING INFORMATION

This News Release contains forward-looking statements. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “should”, “believe” and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this News Release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company’s disclosure documents which can be found under the Company’s profile on www.sedar.com. This News Release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

Contact:
Contact Information
Sebastien Plouffe
President & CEO
(514) 947-2272
splouffe@affinorgrowers.com
https://www.affinorgrowers.com/en
Contact Information, spokesperson
Affinor Growers
Nick Brusatore, Executive Chairman
(604) 356-0411
nbrusatore@gmail.com

MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com
1 comment
Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Canopy Growth Corporation (CGC) ANNOUNCES RESULTS OF SPECIAL MEETING OF SHAREHOLDERS

CANOPY GROWTH ANNOUNCES RESULTS OF SPECIAL MEETING OF SHAREHOLDERS Canopy Growth Corporation…

$GWPH Makes Dravet Syndrome Very Afraid!

GW Pharmaceuticals Announces Epidiolex(R) Receives Orphan Designation From European Medicines Agency for…

Namaste Technologies Inc. (NXTTF) Announces Services Agreement With Cannamerx Cannabis Mercantile Exchange

Namaste Announces Services Agreement With Cannamerx Cannabis Mercantile Exchange Namaste Technologies Inc.…