Anti-pot racketeering suit opens door for future RICO claims | SummitDaily.com

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.

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.

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