An enthusiastic Denver businessman and city council candidate planned to monopolize the new medical marijuana industry in Illinois, according to a lawsuit that has joined a variety of legal challenges from competing pot business applicants in the state.
Medponics Illinois filed the lawsuit this past Monday in Lake County. It states Kayvan Khalatbari and his Denver businesses have controlling interests in more than three Illinois cannabis growing facilities.
If this is valid, that would violate Illinois regulations. However, some industry professionals with inside information state Khalatbari has played the rules and though he is a business owner for a company out of Illinois he is solely a contract consultant for another with way less involvement.
“That’s not gaming the system. That’s staying within the letter of the law,” stated Kris Krane, a cannabis consultant. Khalatbari replied to the lawsuit this past Wednesday saying “there are some very misled statements made in the lawsuit and the basis for any and all of it is simply not true.” Khalatbari entire statement: “After traveling much of (Tuesday) morning I became aware of this development upon landing and spent much of the day trying to collect information about what exactly my companies and I were being accused of,” Khalatbari released details in an email. “After having the opportunity to do so, all I can say is there are some very misled statements made in the lawsuit and the basis for any and all of it is simply not true.”
“It’s unfortunate that these irresponsible lawsuits persist as a distraction to this very serious process at hand, the goal of which is to be able to provide safe and consistent medical cannabis to qualifying patients in Illinois as soon as possible. This misinformed public slander of my character and my ethical values will only slow that down, not stop it, and I’m confident this process and the revelation of the facts surrounding these claims will dismantle these accusations and allow me to help this state realize that goal.”
The lawsuit alleges Denver Relief Consulting and Khalatbari who is a founding partner that entered into agreements with two Illinois businesses Progressive Treatment Solutions and Cresco Labs “in a scheme to control and profit from more than three different cannabis cultivation centers,” Stated attorney Kathleen McDonough.
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1 comment
Seems like people trying to ruffle feathers just to bash success.