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Verano settles lawsuit over unpaid finder’s fee

Cannabis company Verano Holdings LLC has reached a nonpublic deal to settle claims that it owes a finder’s fee of about $500,000 to a New York woman who helped it identify another company to purchase.

In a Thursday order, Judge Paul A. Engelmayer of the U. S. District Court for the Southern District of New York dismissed the breach-of-contract suit launched against Verano by Nancy “Tex” Caldarola in October 2021.

Judge Engelmayer honored Caldarola’s request for a “30-day conditional order of dismissal,” telling the parties that if either of them wanted to reopen the case after 30 days, he might deny that…

To Read The Rest Of This Article By Emilie Ruscoe on Law360

Published: March 14, 2022

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