Erin Hackney, whose family trust, Hackney Family Trust, is a co-owner of the company DropLeaf, LLC, which launched the JUJU Royal Brand in partnership with Julian Marley.
He filed a lawsuit on Monday against the company he co-owns for failure to repay a loan that was made to help launch the brand.
Hackney in the lawsuit claims that on or about September 26, 2015, he and DropLeaf, LLC entered into the Promissory Note dated September 16, 2015 for the amount of 74 million 2 hundred and 62 thousand dollars ($74,262.00).
He said the defendant, agreed to repay the principal amount due, with interest, under the note by the maturity date of January 1, 2016.
But he claims that the money plus interest and costs due on January 1 has not been paid by DropLeaf to date.
JUJU Royal was launched as a bridge between :reggae music, Rastafarian culture and the cannabis industry.”
Julian Marley, exclusively partnered with DropLeaf, LLC to promote the movement to decriminalize marijuana and promote its healing benefits with the launch of the premium marijuana product line – Julian Marley JUJU Royal Premium Marijuana in 2014.