Close Menu
  • Home
  • News
  • Lifestyle
  • Law
  • Business
  • Education

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Study: Cannabis Legalization Associated With Reduced Prescription Drug Claims

June 3, 2025

Judge Says Alaska Hemp Rules Requiring Limiting Hemp Product Sales to Dispensaries Are Constitutional

June 3, 2025

New Jersey Lawmakers Consider Criminalizing the Purchase of Unlicensed Cannabis

June 2, 2025
Facebook X (Twitter) Instagram
Tuesday, June 3
  • Home
  • Contact
  • Privacy Policy
  • Terms & Conditions
Facebook X (Twitter) Instagram LinkedIn VKontakte
Smoke Professional
  • Home
  • News

    More Than 1,000 Arrested in Sweep of U.K. Weed Grows

    July 8, 2023

    Scotland Calls On UK To End ‘Failed’ Drug War With Decriminalization And Harm Reduction Approach

    July 8, 2023

    Germany’s draft law for first phase of cannabis reform

    July 8, 2023

    High Times Cannabis Cup Illinois: People’s Choice Edition 2023 Kicks Off

    July 8, 2023

    Pennsylvania Committee Advances Expansion to State Medical Cannabis Program

    July 7, 2023
  • Lifestyle

    How Watching the News Can Trigger Anxiety and Panic Attacks

    October 28, 2024

    Record High Cannabis and Hallucinogen Use Among Adults

    October 27, 2024

    Weekend Sleep Catch-Up May Lower Heart Disease Risk by 20%

    October 27, 2024

    Energy Drinks Linked to Poor Sleep Quality and Insomnia

    October 26, 2024

    First Psychedelic Church for Magic Mushrooms

    October 26, 2024
  • Law

    Study: Cannabis Legalization Associated With Reduced Prescription Drug Claims

    June 3, 2025

    Ohio GOP Seeking to Change Voter-Approved Adult-Use Cannabis Law

    May 30, 2025

    Federal Lawmakers Call for Medicaid Fraud Investigation Into Florida Anti-Cannabis Political Group

    May 26, 2025

    Minnesota Ends Criminal Penalties for Bong Water

    May 23, 2025

    Minnesota Bill to Set Up Adult-Use Cannabis Industry Moves to Governor

    May 22, 2025
  • Business

    Judge Says Alaska Hemp Rules Requiring Limiting Hemp Product Sales to Dispensaries Are Constitutional

    June 3, 2025

    New Jersey Lawmakers Consider Criminalizing the Purchase of Unlicensed Cannabis

    June 2, 2025

    U.S. Court of Appeals Rejects Legal Challenge Claiming Cannabis Prohibition is Unconstitutional

    May 29, 2025

    Montana Gov. Signs Bill Reserving $12M of Cannabis Tax Revenues for ‘Habitat Legacy Account’

    May 28, 2025

    Minnesota Tribe Signs Agreements to Open Adult-Use Dispensaries Off Tribal Land

    May 28, 2025
  • Education

    CBD and the Aging Population—What Science Says Today

    March 12, 2025

    Wholesale Nootropic Skincare: Boost Your Product Line

    March 10, 2025

    Ideal for Your Business Needs

    March 8, 2025

    A Must-have For Every Smoke Shop

    March 3, 2025

    The Perfect Addition to Your Product Line

    March 1, 2025
Smoke Professional
You are at:Home»Business»Son of Jack Herer Sued by Former Business Partner
Business

Son of Jack Herer Sued by Former Business Partner

adminBy adminAugust 26, 2023No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Son of Jack Herer Sued by Former Business Partner
Share
Facebook Twitter LinkedIn Pinterest Email

Daniel Herer, the son of cannabis activist Jack Herer, is being sued by a former business partner who says Herer “repeatedly reneged on agreements,” according to a complaint filed in Nevada state court. Herer, in his own filing, denied the charges in the lawsuit, and argues that the plaintiff, listed as Herer Brands Inc, is infringing on intellectual property it doesn’t own.  

Herer Brands was co-founded by Daniel Herer and Dennis D’Alessio in 2002, the complaint says.

In the complaint, Herer Brands contends that Herer attempted to capitalize on his father’s name after his death in 2010 and began perusing investors; however, the lawsuit claims Herer embellished “his own supposed business skills.”

“Unfortunately, due to and as a result of his misrepresentations and a series of bad decisions, these ventures incurred millions of dollars in debt, and the deals stalled or failed. Daniel, rather than deal with his problems directly and forthrightly, repeatedly reneged on agreements and continued to seek new investors and/or partners to payoff and replace the old ones, not unlike an ongoing Ponzi scheme.” — Herer Brands vs. Daniel Herer

According to the lawsuit, HBI Investor Group in July performed a due diligence check on Herer, who had signed a deal with the company to become its chief business development officer. During the 90-day due diligence period, HBI “determined that there were issues with the Jack Herer Assets that negatively impacted their value, and that the venture’s business prospects were not as strong as Daniel had represented” and, as a result, the parties “negotiated and agreed to adjustments in the HBI Investor Group’s investment and equity share in the venture,” according to the lawsuit.

Herer denies all of HBI’s allegations outlined in the lawsuit, and in his counterclaim contends that D’Alessio is improperly using the Herer name and trademarks and “never paid the $1,500,000 base capital investment, so the intellectual property was never transferred out of Herer Media & Publishing, Inc.”

HBI is seeking compensatory damages and an injunction to prevent Herer from competing against HBI or disparaging the firm. Herer is also seeking compensatory damages.

The lawsuit was filed in the U.S. District Court of Nevada.

WeedWeek first reported on the lawsuit.

Get daily cannabis business news updates. Subscribe

Source link

Business Herer Jack Partner Son Sued
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous Article6 Top-Rated Dispensaries in Washington, D.C. 2023
Next Article 5 Big Moments in Cannabis History
admin
  • Website

Related Posts

Judge Says Alaska Hemp Rules Requiring Limiting Hemp Product Sales to Dispensaries Are Constitutional

June 3, 2025

New Jersey Lawmakers Consider Criminalizing the Purchase of Unlicensed Cannabis

June 2, 2025

U.S. Court of Appeals Rejects Legal Challenge Claiming Cannabis Prohibition is Unconstitutional

May 29, 2025

Comments are closed.

Our Picks

Study: Cannabis Legalization Associated With Reduced Prescription Drug Claims

June 3, 2025

Judge Says Alaska Hemp Rules Requiring Limiting Hemp Product Sales to Dispensaries Are Constitutional

June 3, 2025

New Jersey Lawmakers Consider Criminalizing the Purchase of Unlicensed Cannabis

June 2, 2025

Ohio GOP Seeking to Change Voter-Approved Adult-Use Cannabis Law

May 30, 2025
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Don't Miss
Law

Study: Cannabis Legalization Associated With Reduced Prescription Drug Claims

By adminJune 3, 20250

States with cannabis legalization policies experience reduced prescription drug expenditures for small group insurance markets,…

Judge Says Alaska Hemp Rules Requiring Limiting Hemp Product Sales to Dispensaries Are Constitutional

June 3, 2025

New Jersey Lawmakers Consider Criminalizing the Purchase of Unlicensed Cannabis

June 2, 2025

Ohio GOP Seeking to Change Voter-Approved Adult-Use Cannabis Law

May 30, 2025

Subscribe to Updates

Get the latest creative news from Smoke Unlimited about Weed & CBD vaping.

From Our Partners
About Us
About Us

Get all the current news stories, latest trends and legislation regarding cannabidiol, products, usages and its benefits. So don’t miss out any buzz and stay tuned! We offer a minute to minute updates regarding Marijuana industry.

Facebook X (Twitter) Instagram Pinterest
Our Picks

Study: Cannabis Legalization Associated With Reduced Prescription Drug Claims

June 3, 2025

Judge Says Alaska Hemp Rules Requiring Limiting Hemp Product Sales to Dispensaries Are Constitutional

June 3, 2025

New Jersey Lawmakers Consider Criminalizing the Purchase of Unlicensed Cannabis

June 2, 2025
Sponsors
Copyright © 2025. SmokeProfessional
  • Home
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.