MC Botanicals LLC et al v. Asterra Labs, LLC et al

Track this case

Case Number:

5:25-cv-00400

Court:

North Carolina Eastern

Nature of Suit:

Contract: Other

Judge:

Terrence W. Boyle

Firms

  1. January 21, 2026

    PE Firm Used Jail Threats To Steer Cannabis Deal, Court Told

    A private equity firm can't free itself from a contract breach spat between a CBD and hemp product manufacturer and its business partner, as the firm not only interfered with the contract but also threatened to have people thrown in jail if they refused to capitulate, a North Carolina federal court heard Wednesday.

  2. July 28, 2025

    NC Rep.'s CBD Co. Hits Biz Partners With $1.6M Counterclaim

    Asterra Labs LLC, a hemp and CBD company run by North Carolina State Rep. John Bell, has filed a $1.6 million counterclaim against companies that alleged this month that Asterra used Bell and others' political influence to coerce them into a bad deal, asserting it was the plaintiffs who defrauded Asterra and others.