China-based Shenzhen Smoore Technology Co., known as the world’s largest manufacturer of industry-standard cartridge-based marijuana oil vaporizers, orchestrated an illegal monopoly to win control of the market and squash competition, a new class action lawsuit claims.
This latest legal challenge brought against Smoore, whose CCELL 510-threaded vaporizer is sold throughout the United States, was filed by Tucson, Arizona marijuana retailer Earth’s Healing.
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According to the suit – first reported by Green Market Report – Smoore has colluded with U.S.-based partners since fall 2016, creating a “cartel” to control prices and ensure that there are “no meaningful competitors.”
Smoore’s “anticompetitive conduct has artificially fixed the price of Smoore’s Vapes in the United States at supra-competitive levels,” the lawsuit claims.
Federal antitrust accusations against vaporizer
Read full article on Marijuana Business Daily
