Cookies-branded dispensary in Worcester sues California firm over $2M ownership sale – Worcester Business Journal

Worcester-based social equity cannabis dispensary New Dia is suing a California-based entity, claiming the firm has failed to pay an agreed upon purchase price of $2 million for a minority stake in the dispensary. 

The lawsuit, filed in Suffolk County Superior Court on July 1, alleges that CR Operator Holdings LLC has failed to pay New Dia $2 million for 49% ownership of the company, following a 2021 agreement where the newly opened New Dia cannabis dispensary begin operating under the global Cookies cannabis brand name. 

Other entities including Delaware-based TRP HoldCo LLC, and California-based Cookies Retail LLC and Cookies Holdings LLC, are named in the lawsuit, as is Vicente Sederberg LLC, a law firm with offices in Boston and Denver now operating under the name Vicente LLC.

TRP HoldCo is a California-based entity founded in 2019. The company says it is a retail, cultivation, and distribution platform that serves as the exclusive provider and seller of Cookies and other cannabis brands, including Dr. Greenthumb’s, a brand started by California rapper Louis “B-Real” Freese, one of the two leading performers in hip hop group Cypress Hill. 

TRP is the largest owner and operator of Cookies-branded dispensaries in the country, according

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