SUNMED™ | Your CBD Store Wins in Former Business Partner Lawsuit
Court dismisses case upon damages paid to parent company SunFlora
PALMETTO, Fla. – (August, 2022) – SUNMED™ | Your CBD Store, the largest hemp retailer in America, recently ended more than two years of litigation between its parent company SunFlora, and The Natural Solutions, LLC, a related company, Injoi, Inc., and their founders: Steve Pina, Michelle Pina and Fadi Saab. U.S. District Judge Cormac J. Carney dismissed the case following “a confidential payment from The Natural Solutions to SunFlora,” and the parties agreed to end the lawsuit. This latest win marks the fourth consecutive litigation suit the SunFlora team has achieved a favorable outcome and received appropriate damages.
“We couldn’t be more pleased with how things turned out,” SunFlora Founder and CEO Marcus Quinn said. “This is a victory for SunFlora and all of its store owners.”
SunFlora is committed to protecting its brand and the business success of its franchise owners with a mission to further strengthen its position as a trusted CBD supplier.
According to court documents, The Natural Solutions initially sought damages from SunFlora “in excess of $250,000,000.00,” resulting in a total about-face with SunFlora instead receiving appropriate damages. In addition, all affiliate stores in the State of California will be converted to franchises, thus expanding the SUNMED | Your CBD Store market.
“The evidence did not support this fairytale,” SunFlora counsel Adam R. Fox of Squire Patton Boggs (US) LLP said. “Instead, the evidence showed it was SunFlora that had been damaged, and we were very confident about winning at trial.”
SunFlora was founded in 2018 following the Agriculture Improvement Act of 2018, which amended the Controlled Substances Act to codify an exemption for hemp, a strain of the cannabis sativa plant species, effectively legalizing the sale of hemp and its derivatives including CBD. Unlike other compounds derived from cannabis, CBD is not psychotropic and remains widely popular due to various perceived health benefits.
Now recognized as the No. 1 CBD retail franchise, SunFlora has earned an excellent reputation with hundreds of affiliates and franchises that operate brick-and-mortar storefronts selling its popular products across the country. The national CBD franchisor currently has a footprint in 40 states and two countries, in addition to its recent partnership with the Association of Pickleball Professionals (APP) and a new topical line of sport-related products.
For more information about SUNMED™| Your CBD Store, visit www.GetSUNMED.com. For information about franchising opportunities, visit www.GetSUNMED.com/franchise. Your CBD Store is the largest hemp retailer in America and the exclusive home of SUNMED™ products.
About SUNMED™| Your CBD Store
SUNMED™| Your CBD Store is the largest hemp retailer in the United States and the exclusive home of award-winning, hemp derived SUNMED™ products. With more than 460 Your CBD Store locations across 40 states, as well as four stores in the United Kingdom, the brand provides the highest quality CBD experience to customers nationwide. SunFlora Inc., its parent company, produces quality products for health and wellness, skincare and pets.
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