CBD product maker settles lawsuit over broken deal

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By Katryna Perera (April 13, 2022, 5:46 PM EDT) – Hemp products maker CBD Universe LLC has settled allegations that it knew it was part of a plan to breach a contract with a competitor, a federal judge in New York announced on Wednesday.

In his order, U.S. District Judge J. Paul Oetken said the court was told the parties had reached an agreement in principle. Accordingly, the action is dismissed without cost or prejudice unless a motion for relief is filed within 30 days.

The order did not provide any settlement details, and CBD Universe’s attorney and plaintiff SLS Brands LLC did not immediately respond to requests for…

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