Raekwon’s HashStoria Dispensary Shuts Down for Unpaid Rent, Plans to Sue

TMZ reports that Raekwon’s HashStoria cannabis dispensary, which opened its doors last November, might be closing up shop for good.

Court documents obtained by TMZ reveal that on Friday (July 18), a judge ruled in favor of the landlord, BMHC LLC, demanding that HashStoria vacate the premises no later than July 1. However, Raekwon doesn’t see it that way and told the outlet, “We were hoodwinked, and while it’s a very sad outcome, we will have our day in court!”

According to a representative for the rapper’s HashStoria dispensary, they do plan to sue and claim the initial agreement with the landlord had not been honored. Per Rae’s rep, the back rent was to be “prorated” while the building was under construction, which took significantly longer than expected. HashStoria reached an agreement with BMHC LLC to suspend payments due to zero revenue at the time.

HashStoria’s representatives also accused the City of Newark of contributing to the store’s closure by causing several permit delays. In another shocking claim, HashStoria’s rep states that the landlord then allowed an unlicensed dispensary to operate illegally next door, which was frequently raided. HashStoria developed the slogan “Legal AF” in response to allegations of landlord corruption.

Despite allegedly being billed as a “Black-owned business,” HashStoria’s rep says, “communities aren’t owned by people of color and have to deal with constant red tape.” They plan to sue BMHC LLC for violating their rental agreement during construction and “poisoning” their million-dollar operation through the use of illegal vendors.

On the other hand, BMHC LLC tells TMZ that they support the court’s decision, stating they provided HashStoria with ample time to pay the rent following the grand opening.