The co-owners of the embattled Sweet Leaf cannabis business have been ordered to pay $8.8 million for breach of contract over properties they were buying in Denver.
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The embattled owners of a once-thriving string of cannabis businesses along Colorado’s Front Range have been ordered by a Denver judge to pay $8.8 million after finding they failed to honor commitments to the owner of properties they were buying in Denver.
The decision issued Wednesday by Denver District Judge Edward Bronfin said the co-owners of Sweet Leaf breached the lease agreements on four commercial properties owned by Ryan Fox. Matthew Aiken, Christian Johnson and Anthony Sauro failed to pay rent, late fees and interest, and failed to obtain surety bonds to guarantee lease payments, according to the court.
The business owners’ attorney didn’t return a request for comment Friday afternoon.