Tilray and Docklight Settle Dispute Over Bob Marley-Branded Cannabis Product Deal
LOS ANGELES- A legal battle between Tilray Brands Inc. and Docklight Brands concerning an agreement to market Bob Marley-branded cannabis products in Canada has come to a close. U.S. District Judge Tana Lin, located in Washington state, has ruled the case be dismissed. Neither party is required to bear the other’s legal costs, as per the report from Law360. The specific financial terms of the settlement have not been disclosed to the public.
Background of the Case
In a 2018 agreement, Docklight collaborated with High Park Holdings, an offshoot of Tilray, to promote cannabis products in partnership with the late reggae icon Bob Marley’s estate, operating under the Marley Green banner. However, complications arose when High Park discontinued its scheduled financial payments following Tilray’s merger with Aphria Inc.
High Park justified the interruption in payments, citing the transition period of new management getting acquainted with the terms of the deal. Docklight, however, refuted this justification, asserting that the management at Tilray had prior knowledge of the agreement before the merger.
Further complications emerged as Docklight claimed that despite witnessing robust sales figures, Tilray found the licensing agreement to be overly expensive. Consequently, Tilray proposed to terminate the agreement unless certain concessions were granted. Docklight also blamed High Park for failing to uphold their end of the contract, which, in turn, impeded Docklight’s ability to remit licensing fees to the Marley estate. This financial hiccup eventually led to the Marley estate revoking its license in April.
In response to these allegations, both Tilray and High Park reciprocated by accusing Docklight, based in Seattle, of breaching the original terms of their partnership.
With the lawsuit now settled, details remain sparse, and the exact terms of the resolution remain undisclosed.