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Another cannabis company is accused of overinflating the amount of THC in its cannabis products. The same law firm that filed the allegations against Stiiizy, Dovel & Luner, is also accusing VO Leasing Corp., which makes, sells, distributes, and markets the “Presidential” brand.

The language in the two court filings is almost identical. Aaron Argueta is listed as the plaintiff on this case and lives in Santa Ana, California.

John Zapp is listed as the owner, CEO, and CFO of VO Leasing, according to Cannabiz Media, but he is not named in the case. Everett Smith, who played professional basketball in Europe, is also listed as a co-founder of Presidential.

The company has active licenses as a cultivator, manufacturer, and distributor. It is listed as being based in Van Nuys, California. The company is said to have finalized deals to launch in Nevada and Michigan. The company also announced it is launching in Michigan through a partnership with a California company that has retail locations in both states.

THC Margins

The crux of the case is the law that the THC “claimed to be present on a label” must be within “plus or minus 10.0%” of the actual THC content of the product. The court filing stated, “As an example, if the label states that a product is 30% THC, the product must be between 27%-33% THC. Thus, if the actual product contained only 25% THC but the THC content was listed at 30%, the label would violate California regulations and be inaccurate and...

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