Category Archives: CWNevada

Arbiters award 4Front Advisors $8.7M in dispute with Nevada cannabis firms

4Front Advisors, part of the Arizona-based multistate marijuana firm 4Front Holdings, won an $8.7 million arbitration award against Nevada-based CWNevada and NuVeda for breach of contract in failing to pay fees for services provided. Kris Krane, 4Front Holdings’ co-founder and president, told Marijuana Business Daily the award validates 4Front Advisors’ work in helping the two […]

Nevada marijuana business faces flurry of financial fraud suits

CWNevada, one of Nevada’s largest cannabis companies, has been sued for alleged fraud, failure to repay millions of dollars to its lenders and misusing intellectual property. “While local and national media outlets report on the unprecedented success of Nevada’s regulated marijuana market, CWNevada management has managed to run the business into the ground,’’ claimed a […]