Connect with us

Albert Einstone Cannabis

Bankrupt Revolutionary Clinics sues to get inventory returned

Published

on



Massachusetts’ Revolutionary Clinics is suing to have its Albert Einstone Cannabis products returned to its inventory as the company attempts to settle its debts. Revolutionary Clinics entered receivership in December owing its primary lender $10 million and thousands more in unpaid rent.

The beleaguered cannabis company claims that it manufactured and packaged the Albert Einstone MA (AEM) products at its Fitchburg facility and was solely responsible for the wholesale distribution of the product to third parties. RevClinics, as it’s called in the lawsuit, paid monthly royalties to AEM and retained title and ownership of all the products.

The complaint alleges that on December 7, 2024, individuals entered the Fitchburg facility, removed 905 metric packages of AEM products and brought them to Solar Therapeutics. RevClinics claims that a former employee of the company helped the individuals to take the product and avoid detection. RevClinics claims it reached out to Robert Keller of Solar to arrange for the return of the products. The two parties agreed that the products would be returned on January 14.

However, that day Keller claimed his delivery driver was out sick and that a new solution would be determined. RevClimics alleges that a new delivery date was never determined and Solar never returned the products. The complaint also suggests that Solar has since sold the products or transferred some of the inventory to an unknown third party.

RevClinics is asking the court to make Solar return the products and reimburse it for its legal expenses.

It is important to RevClinics to get the inventory back in hopes it can sell it with the revenues going towards paying some of its bills while it is in receivership.

AEM is mostly known for its product “El Blunto” and according to LinkedIn was established in 2017 in California. That page claims to be available in over 350 dispensaries in California.  The AEM website however does not list any locations where the products can be bought. AEM also produces a beverage called Stoneade.

2308000-2308264-revolutionarysolar



Source link

mscannabiz.com
Author: mscannabiz.com

MScannaBIZ for all you Mississippi Cannabis News and Information.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

featured45 minutes ago

New Mexico Steps Up Enforcement Against Illicit Marijuana Operators With Hiring Of New Officers

video2 hours ago

Mike Tyson, Kevin Durant urging Trump to enact cannabis reform

featured2 hours ago

Can Cannabis Drinks Be A Healthy Wellness Addition

video3 hours ago

‘Diet weed’ regulation fails again at Ohio Statehouse

featured3 hours ago

Delaware to Commence Adult-Use Cannabis Sales on Aug. 1—831 Days Since Legalization

video4 hours ago

Study: Cannabis use could double risk of heart health

featured4 hours ago

RollPros Expands Offerings with New Packaging and Design Services for Pre-Roll Brands

video5 hours ago

Waco cannabis advocates create 'Craft Academy' to help businesses comply with THC law

featured5 hours ago

The Congressional Cannabis Caucus Still Hasn’t Held A Meeting Six Months Into This Session, Co-Chair Says

video6 hours ago

Cannabis risks in spotlight as celebrity athletes push for marijuana reform

featured6 hours ago

Trulieve Announces Registration Statement Filing

video7 hours ago

Cannabis use could double risk of heart death

featured7 hours ago

Newly-Imposed Tax Hikes on Retail Cannabis Products Take Effect in Two States

video8 hours ago

Guns, marijuana found in Andover traffic stop

featured9 hours ago

New Bipartisan Pennsylvania Bill Would Create Marijuana Regulatory Board Ahead Of Possible Adult-Use Legalization

featured10 hours ago

House bill would “destroy” hemp industry, GOP senator says (Newsletter: July 1, 2025)

video12 hours ago

California's cannabis excise tax to rise to 19% July 1

video13 hours ago

Cannabis tax hike and parking rate increase take effect across California and Sacramento

video15 hours ago

Thailand starts banning the sale of cannabis without a prescription

featured15 hours ago

Advocacy Organizations Call on Meta to End Censorship of Cannabis and Psychedelic Communities

video16 hours ago

Oceanside moving forward on retail cannabis stores – NBC 7 San Diego

featured16 hours ago

Florida Removes Nearly 11,000 Hemp Product Packages for Violating Child-Protection Standards

Strains & products17 hours ago

The best strains for making hash

featured17 hours ago

Nebraska Officials Propose Emergency Medical Cannabis Regulations

California Cannabis Updates1 year ago

Alert: Department of Cannabis Control updates data dashboards with full data for 2023 

Breaking News1 year ago

Connecticut Appoints The US’s First Cannabis Ombudsperson – Yes there is a pun in there and I’m Sure Erin Kirk Is Going To Hear It More Than Once!

best list11 months ago

5 best CBD creams of 2024 by Leafly

Bay Smokes1 year ago

Free delta-9 gummies from Bay Smokes

Business10 months ago

EU initiative begins bid to open access to psychedelic therapies

cbd1 year ago

New Study Analyzes the Effects of THCV, CBD on Weight Loss

Mississippi Cannabis News1 year ago

Mississippi city official pleads guilty to selling fake CBD products

Breaking News1 year ago

Curaleaf Start Process Of Getting Their Claws Into The UK’s National Health System – With Former MP (Resigned Today 30/5/24) As The Front Man

California1 year ago

May 2024 Leafly HighLight: Pink Runtz strain

autoflower seeds9 months ago

5 best autoflower seed banks of 2024 by Leafly

Mississippi Cannabis News1 year ago

Horn Lake denies cannabis dispensary request to allow sale of drug paraphernalia and Sunday sales | News

cannabis brands9 months ago

Discover New York’s dankest cannabis brands [September 2024]

Mississippi Cannabis News1 year ago

Local medical cannabis dispensary reacts to MSDH pulling Rapid Analytics License – WLBT

Hemp1 year ago

Press Release: CANNRA Calls for Farm Bill to Clarify Existing State Authority to Regulate Hemp Products

Breaking News1 year ago

Nevada CCB to Accept Applications for Cannabis Establishments in White Pine County – “Only one cultivation and one production license will be awarded in White Pine County”

best list1 year ago

6 best CBD gummies of 2024 by Leafly

best list1 year ago

5 best THC drinks of 2024 by Leafly

Arkansas9 months ago

The Daily Hit: October 2, 2024

best list12 months ago

5 best delta-9 THC gummies of 2024 by Leafly

Breaking News1 year ago

Weekly Update: Monday, May 13, 2024 including, New Guide for Renewals & May Board meeting application deadline

Mississippi Cannabis News1 year ago

People In This State Googled ‘Medical Marijuana’ The Most, Study Shows

Asia Pacific & Australia1 year ago

Thailand: Pro-cannabis advocates rally ahead of the government’s plan to recriminalize the plant

Breaking News1 year ago

PRESS RELEASE : Justice Department Submits Proposed Regulation to Reschedule Marijuana

California Cannabis Updates1 year ago

Press Release: May 9, STIIIZY and Healing Urban Barrios hosted an Expungement Clinic & Second Chance Resource Fair

Trending