Wiz Khalifa and Michael Strahan are being sued by one of the co-owners of their cannabis company Khalifa Kush, The Blast is reporting. The plaintiff, Carlos Arias, who is the director and managing agent for Cuzzi Consulting, Inc., has hit the rapper and the NFL Hall of Famer with a lawsuit over claims that he was denied interest from the company’s proceeds.
According to court documents obtained by the outlet, Arias said that included a cannabis licensing deal with a value that is no less than $20,000,000 and claims that in total, the defendants “pilfered more than $100,000,000 in assets from Nominal Defendants.”
He is also accusing them of “breach of fiduciary duty, aiding and abetting fiduciary breaches, conversion, corporate waste, tortious breach of an express or implied agreement, unjust enrichment, money had and received, professional negligence, civil conspiracy, and declaratory judgment arising out of Defendants’ wrongful conduct concerning the usurpation and misappropriation of assets from Nominal Defendants KKE USA and the Khalifa Kush Joint Venture”.
Arias says that the Khalifa and Strahan have a “civil conspiracy” against him and engaged in “wrongful conduct concerning the usurpation and misappropriation of assets” regarding their cannabis company. The plaintiff also claims that they cut him out of the profits.
He said the “scheme was orchestrated by Defendant Wiz Khalifa and his entourage who conspired with the illicit assistance of outside counsel Pryor Cashman to misappropriate assets from the Nominal Defendants and funnel the proceeds from to themselves and certain third party beneficiaries, including, purportedly, Defendants Michael Strahan and SMAC Entertainment”.
The “Wild & Free” rappers launched his own signature strain of cannabis under the brand name “Khalifa Kush” in collaboration with Cookie Co. 415, a medical marijuana dispensary based in San Francisco. Khalifa also announced his partnership with Supreme Cannabis to launch Khalifa Kush Enterprises Oils in Canada in 2019.