Portland CBD lawsuit settles, closing book on string of business scandals tied to marijuana industry

Investors in a failed Portland CBD startup have settled an acrimonious legal dispute with the company’s founders and former executives, new court filings indicate. They traded accusations of cheating one another in a succession of business deals linked to Oregon’s marijuana industry.

The legal fight pitted Boris Jordan, a wealthy Florida investor with ties to Russian oligarchs, against scandal-plagued Portland marijuana entrepreneur Nitin Khanna. The parties haven’t disclosed terms of their settlement, but it appears to wrap up a saga that dates back more than a decade.

Author: CSN