Vermont CBD retailer arrested for allegedly stiffing hemp farms
Industrial Hemp NewsMarijuana Laws, Regulations, & Politics December 19, 2019 MJ Shareholders 0
A CBD retailer in Vermont has been arrested and charged with theft of service and other charges in cases involving four state hemp farms.
Douglas Bell, the owner of CBD Vermont, a retail store in Waterbury Center, was arrested after writing bad checks.
Bell owes more than $137,000 to local farmers, but an ongoing investigation into at least 10 similar cases could bring total losses up to $500,000, police told Burlington TV station WCAX.
Bell did not respond to interview requests about the case.
Patrick Sullivan, who owns Ananda Gardens, a poultry and vegetable farm in Montpelier, entered a $50,000 contract with CBD Vermont to grow hemp for the retailer to harvest and manufacture CBD products.
Sullivan’s check for $50,000 bounced, and he called the state police. Sullivan said he hopes his experience is a lesson to other farmers.
“Be really careful about growing a big contract for a business, a hemp business.”
More details about this situation are available here.
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