Lender claims hashish farm breached $4 million mortgage settlement

By Katryna Perera (April 28, 2022, 4:44 p.m. EDT) – Pure Harvest Company Group Inc., a Colorado-based hashish farm, was sued in federal court docket in Wyoming on Wednesday by a lender alleging the farm violated the phrases of a A line of credit score of $4 million that it contracted.

PH Invesco LLC filed a lawsuit in opposition to Pure Harvest and its subsidiary Couch King Medicinal Wellness Merchandise LLC, Pure Harvest CEO Matthew Gregarek, a number of different particular person defendants and Cornbuck-Aurora LLC. The grievance refers back to the different particular person defendants — moreover Gregarek — and Cornbuck as unsecured lenders.

PH Invesco says that in August 2020, it entered right into a business mortgage and assure settlement…

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