Jay-Z’s cannabis brand Monogram is facing a multi-layered lawsuit. A former executive is alleging the company illegally shipped marijuana from California to New York, filed false financial reports, and exhibited gender discrimination.
Cathi Clay, the former vice president of The Parent Company (TPCO) which houses Monogram, made the allegations in a lawsuit filed in February. Clay stated that Monogram treated her unfairly due to her gender and then took action against her after she reported financial discrepancies and violations of state cannabis policies.
SFGATE reports that TPCO claims the allegations in the lawsuit are false. “The company does not comment on active litigation and plans to defend itself strongly against the false accusations,” a spokesperson told the outlet via email.
Hov serves as the chief visionary officer of TPCO. According to Securities and Exchange Commission financial reports, TPCO is responsible for the manufacture of cannabis products, with 11 cannabis locations in California, and provides over 650 people with jobs.
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