California: Armored Car Company Settles California Suit over $1 Million Cannabis Sale Seizures

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The Insurance Jnl reports An armored car company has settled its lawsuit that accused the San Bernardino County sheriff of illegally seizing over $1 million in cash it was transporting from medical marijuana businesses in California. The company previously reached an agreement in which participating federal law enforcement agencies, including the FBI and Drug Enforcement Administration, agreed to return the money. As a result, some businesses have turned to armored cars to transport large quantities of cash. Because big banks and credit card companies have shunned the industry, it largely operates on a cash basis. The settlement for no financial compensation allows Empyreal Logistics to resume services after two transports of money were stopped and cash was seized in November and December, The Sun of San Bernardino reported.

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The settlement for no financial compensation allows Empyreal Logistics to resume services after two transports of money were stopped and cash was seized in November and December, The Sun of San Bernardino reported.

 

The Insurance Jnl reports

An armored car company has settled its lawsuit that accused the San Bernardino County sheriff of illegally seizing over $1 million in cash it was transporting from medical marijuana businesses in California.

The settlement for no financial compensation allows Empyreal Logistics to resume services after two transports of money were stopped and cash was seized...

Read the full article @ Cannabis Law Report