A cannabis company in California faces a lawsuit from Hip-Hop legend Master P, according to a report.
In 2016, the rap mogul launched his own marijuana business called Master P’s Tree (what a perfect name) which sold “premium cannabis” and edible grade oils. The rapper, whose real name is Percy Miller teamed up with California-based company Privateer Holdings to help distribute the products throughout the state.
According to documents, the two sides reached a one-year agreement in 2017 to produce and distribute the products in California. According to the deal, Master P would promote the brand and cover half of the production costs. In addition, both parties would split the profit 50/50.
In July, Master P performed at a music festival. Both parties planned to hold the official product launch during this festival. However, Privateer Holding backed out of the deal and the launch never happened. As you can expect, Master P was not too happy with the situation.
The rapper is suing Privateer for breach of contract and fraud. Although, what’s even more interesting is that Master P contends the company never really wanted to work for him but rather get “an inside look into the urban and hip-hop demographic of cannabis users” for its own benefit.
Breach of Contract:
A contract case usually comes before a judge because one or both parties claim that the contract was breached. A breach of contract is a failure, without legal excuse, to perform any promise that forms all or part of the contract. This includes failure to perform in a manner that meets the standards of the industry or the requirements of any express warranty or implied warranty, including the implied warranty of merchantability.
When a party claims a breach of contract, the judge must answer the following questions:
1. Did a contract exist?
2. If so, what did the contract require of each of the parties?
3. Was the contract modified at any point?
4. Did the claimed breach of contract occur?
5. If so, was the breach material to the contract?
6. Does the breaching party have a legal defense to enforcement of the contract?
7. What damages were caused by the breach?
Master P seeks $25 million in lost profits and damages.