A federal court case involving plaintiffs Solace Enterprises LLLP, Aether Gardens and Telloni Holdings Limited and defendants Trinidad Consulting and Cannadips has been stayed following mediation on June 18, according to federal court records. The parties are working together on a settlement.
The plaintiffs alleged the defendants owed them $1.2 million in loans, according to the original complaint, while the defense claims Trinidad and Cannadips expected royalties.
Solace Enterprises LLLP does business as Aether Gardens and in some court documents is referred to as Solace Holdings LLLP. The company holds two active production licenses and two active cultivation licenses in North Las Vegas, Nev., to service the adult-use and medical cannabis markets, according to Nevada’s Cannabis Compliance Board. A Solace Enterprises LLLP hemp processing license has expired, according to Cannabiz Media.
Founded in 2018, Aether Gardens aims to become “the leader in brand development, white label manufacturing & research providing both medical & recreational cannabis consumers with the best experiences,” according to its website, where the company describes plans to develop a 90,000-square-foot “state-of-the-art manufacturing facility” for cultivation, extraction and production.
Cannadips possesses an active “Manufacturer Annual Infusions” license in Arcata, Calif., according to Cannabiz Media. Two Cannadips “Manufacturer Temporary Infusions” have expired, along with all other licenses of the same type in the state, according to the site. A Trinidad Consulting LLC “Manufacturer Temporary Infusions” license in Humboldt County has also expired, per the website.
Established in 2016, Cannadips manufactures a cannabidiol (CBD) dip product and is “shifting the paradigm of tobacco by providing a great-tasting, nicotine-free alternative tobacco product,” according to its website. The product is formulated with “American hemp” and “rooted in Humboldt.”
Attorneys for the plaintiffs and defense declined, through public relations representatives, Cannabis Business Times’ and Hemp Grower’s requests for comment about the mediation or settlement.
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