Anti-pot racketeering suit settles, opens door for future RICO claims

Colorado drug-law expert: RICO claims are ‘going to be incredibly problematic for the industry’

A high-profile racketeering lawsuit against a proposed Summit County marijuana shop and companies that did its banking, bonding and accounting settled in U.S. District Court earlier this month — a substantial victory for cannabis opponents hoping to stun legalization efforts in America.

The suit, filed by the anti-drug group Safe Streets Alliance on behalf of the Holiday Inn hotel in Frisco,…

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