Anti-pot racketeering suit opens door for future RICO claims | SummitDaily.com
YOUR AD HERE »

Anti-pot racketeering suit opens door for future RICO claims

Ricardo Baca
The Denver Post
A RICO case brought by Safe Streets Alliance on behalf of the Frisco Holiday Inn against Medical Marijuana of the Rockies and its business partners was recently settled for $70,000.
Phil Lindeman / plindeman@summitdaily.com |

A high-profile racketeering lawsuit against a proposed Summit County marijuana shop and companies that did its banking, bonding and accounting settled in U.S. District Court this month — a substantial victory for cannabis opponents hoping to stun legalization efforts in America.

The lawsuit, filed by the anti-drug group Safe Streets Alliance on behalf of the Holiday Inn hotel in Frisco, focused on property owners’ rights under the Racketeer Influenced and Corrupt Organizations Act. It claimed the hotel’s business suffered because of Medical Marijuana of the Rockies’ plans to move its shop into a building across the parking lot from the hotel.

For the full text of this story visit The Denver Post website


Support Local Journalism

Support Local Journalism

As a Summit Daily News reader, you make our work possible.

Now more than ever, your financial support is critical to help us keep our communities informed about the evolving coronavirus pandemic and the impact it is having on our residents and businesses. Every contribution, no matter the size, will make a difference.

Your donation will be used exclusively to support quality, local journalism.

For tax deductible donations, click here.
 

Start a dialogue, stay on topic and be civil.
If you don't follow the rules, your comment may be deleted.

User Legend: iconModerator iconTrusted User