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A court feud between the two men licensed as owners of one of the state’s top-selling medical marijuana dispensaries has ended.
Dragan Vicentic and Bruce Simpson have settled a 2019 lawsuit filed after Vicentic, the majority owner, banished Simpson from Green Springs Medical of Hot Springs.
The two men settled the Garland County Circuit Court lawsuit with Simpson, who was listed on state Medical Marijuana Commission documents as a 40% owner of the enterprise, being “fully and fairly compensated,” according to a statement released Wednesday evening by Ryan K. Culpepper of the Culpepper Law Firm LLC of Hot Springs.
In an email, Culpepper said the parties had agreed to make a joint statement and say no more about the matter.
“Dragan Vicentic and Bruce Simpson have resolved their differences,” the statement said. “Bruce Simpson has been fully and fairly compensated for his participation with Green Springs Medical LLC, and is moving forward to pursue other opportunities with best wishes for its continued success.”
As of June 8, Green Springs had sold 4,179.59 pounds of medical marijuana, according to state records. The dispensary, at 309 Seneca St. in Hot Springs, was second in total volume among the state’s 33 dispensaries only to the Releaf Center in Bentonville, which opened almost three months later, in August 2019, but has sold 5,249.22 pounds of cannabis.
Simpson filed suit in September 2019, saying Vicentic had barred him from the dispensary and denied him his share of its profits.
Vicentic, who has an auto dealership and other enterprises, was accused of cutting Simpson out after Simpson refused a buyout offer. In his answer to the court, Vicentic denied some of Simpson’s allegations and alleged Simpson had made no financial investment in the dispensary and was presenting