Although a medical marijuana dispensary in Hudson County has demonstrated “atrocious” record-keeping practices, it doesn’t need an outside consultant to take control of the operation, a state judge ruled Friday.
State Superior Court Judge Edward A. Jerejian in Bergen County denied a request by the investor-owners to name a custodian to run Harmony Foundation because the special fiscal agent he assigned to oversee its financial operations in December “is the proper vehicle…to be the eyes and ears of the court.”
That fiscal agent, retired Judge Peter Doyne, “whom everyone respects” just approved the hiring of an outside accountant Thursday. This is enough oversight for now, Jerejian said.
“But we are just getting warmed up,” Jerejian told the warring parties. “I am more curious than ever to solve this mystery to see who is being honest with this court.”
Secaucus Investors LLC, which was awarded a controlling interest of Harmony last fall in an arbitration case, had requested both the hiring of an accountant and the appointment of a custodian to oversee operations at the dispensary. Secaucus sued Harmony’s operators, Shaya Brodchandel and Yehuda Meer, for allegedly running up $30 million in debt, diverting $1 million to a dispensary in Israel operated by Brodchandel’s brother