April 21, 2025
The founder of a defunct marijuana greenhouse leasing business cannot reopen an investor class action to enforce a $1.5 million settlement and declare a related bankruptcy action unlawful, a Colorado federal judge has ruled, finding that he has already filed a separate lawsuit asking for the same things.
October 29, 2024
The founder of a defunct marijuana greenhouse claims the $1.5 million settlement it made with a class of investors has been stymied in unrelated legal action filed by a "sophisticated grifter" looking for personal gain, urging a Colorado federal judge to push aside the bankruptcy action.
August 18, 2023
A Colorado federal judge has denied a bid by Two Rivers Water and Farming Company CEO John McKowen to reopen an investor class action and block the Colorado Securities Commissioner from pursuing an enforcement action, saying the commissioner is not a party to a settlement that McKowen says bars the enforcement claims.
June 02, 2023
The CEO of a Colorado agriculture company has asked a Denver federal judge to bar the state's securities commissioner from pursuing an enforcement action that allegedly involves issues the company already settled for $1.5 million with investors in its bankrupt cannabis subsidiary.
March 16, 2023
A Colorado federal judge has approved a $1.5 million settlement and awarded more than $500,000 to class counsel in fees and costs to end a class action suit claiming that the officers of a now-bankrupt cannabis greenhouse leasing business misled investors by hiding the past of one of those officers.
January 19, 2022
A Colorado federal judge on Wednesday gave preliminary approval to a $1.5 million settlement in a suit brought by investors of a bankrupt marijuana greenhouse leasing business, paving the way for resolution of a yearslong spat over the company's disclosures leading up to its offerings.
July 22, 2021
Shareholders of a bankrupt marijuana greenhouse leasing business have renewed their request for a federal court to approve a $1.5 million settlement and settlement class, after a judge booted the business's parent company from the case for blocking progress on the deal.
June 29, 2021
The company that operates a bankrupt marijuana greenhouse leasing business was dismissed from a proposed shareholder class action Tuesday after the judge agreed with its investors that the company was blocking them from moving forward with a settlement.
April 06, 2021
The company behind a bankrupt marijuana greenhouse leasing business should be removed from a proposed shareholder class action to clear the way for other parties to finalize a settlement, an investor told a Colorado federal judge Tuesday, saying the company's lack of counsel has held up the deal.
January 25, 2021
A Colorado federal court on Monday asked bankrupt marijuana greenhouse leasing company Two Rivers Water and Farming Co. why it shouldn't be sanctioned for failure to defend a shareholder suit after its third lawyer quit.