By Katryna Perera (February 22, 2022, 6:10 PM EST) — GreenLink International Inc., a cannabis real estate and equipment rental company, has filed a motion for summary judgment in a lawsuit accusing the company of wrongfully canceled a shareholder’s shares.

In its petition, filed Monday in federal court in Colorado, GreenLink argued that because the investor defaulted on a loan, the company was allowed to legally repurchase its shares. GreenLink sought summary judgment on the plaintiff’s conversion claim and its own counterclaims for breach of contract and declaratory judgment.

GreenLink argues that plaintiffs Fred Sebastian and his holding company, Duke Capital SA, failed to substantiate their claims for conversion and…

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