How does California define a conversion claim? The technical definition of conversion is “the wrongful exercise of dominion over the personal property of another.” It essentially means that the defendant interfered with the plaintiff’s right to possession of tangible property (not including real property). If a conversion claim is found, the plaintiff is entitled to recover the full value of the property. The plaintiff may also be entitled to punitive and other additional damages in…
"California Cannabis Claims: Conversion"Tag: Canna
[ad_1] I wrote recently about cannabis NFTs (see here) and tokenization of cannabis assets (see here). This post covers cannabis DAOs (Decentralized Autonomous Organizations) within the industry space (“DAO” is pronounced like “dow”). Web3: cannabis DAOs, cryptocurrencies, NFTs, and smart contracts If you have been paying attention, you know at least something about Bitcoin, which is the flagship cryptocurrency in use today. You have probably heard of “blockchain technology” that underpins this new wave of…
"Cannabis DAOs – Canna Law Blog™"