Mass Businesses suing medical marijuana dispensaries over decreased property values

Despite growing evidence that property values have surged since Colorado’s legalization of recreational marijuana in January 2014, as well as in other states and localities that have embraced cannabis dispensaries, the prohibitionists in Massachusetts are blaming cannabis for the slower paced growth of property values than in other areas of Boston. And they're using RICO laws to do maximum damage.

BOSTON 25 NEWS: CAMBRIDGE, Mass.:

"In the first-of-its-kind case in Massachusetts, Dhanda and other property owners are suing the dispensary and nearly a dozen others in federal court under the RICO statute, which coule triple the alleged damages to over $81 million.

Healthy Pharms Attorney Emma Quinn-Judge says there's no evidence that property values have been affected by her client and they are operating within state law.

"It's also, I think, a real problem that a private person is potentially going to be in a position to take a position that is contrary to the will of the voters and contrary to what everyone has agreed. And to shut down not just my client, a broader business here in Massachusetts," said Quinn-Judge.

In addition to damages, the Cambridge Neighbors are claiming Healthy Pharms is violating federal law, and that supersedes state law. That case could have larger implications on the recreational marijuana industry, with pot shops set to open this summer.

"Federal law is the supreme law of the land and it is federal law that should govern," said Scott Schlager, attorney for Cambridge property owners."

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