Denver marijuana packaging firm files for bankruptcy

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High Supply, a Denver producer of child-resistant containers for marijuana products, has filed for bankruptcy protection, claiming the company’s “severe financial stress” was caused by “theft and corporate espionage by former employees.”

High Supply CEO Paul Lufkin is also suing a former co-owner and several formal employees, asserting they tried to launch another marijuana packaging firm in violation of a non-compete agreement, according to BusinessDen.com.

The case is the latest example of what is a growing trend: cannabis business partners falling out and then winding up on opposing sides in a courtroom. In July, for example, Bhang Chocolate

Denver marijuana packaging firm files for bankruptcy is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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