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MMNFF / NY Cannabis Lawsuit Update: Ascend Wellness Files New Claim, Says MedMen Has "Seller's Remorse"

NY Cannabis Lawsuit Update: Ascend Wellness Files New Claim, Says MedMen Has
In the latest move in the legal battle between the two cannabis companies, Ascend Wellness (CSE:AAWH) (OTCQX:AAWH) filed an amended complaint against MedMen (CSE:MMEN) (OTCQX:MMNFF) for backing out of their acquisition contract and a motion to dismiss MedMen's counterclaims.  Documents filed Monday state Ascend's position that MedMen has a case of “seller's remorse” and is using “fabricated allegations” in the hopes of undermining their contract in order to pursue a more lucrative deal with a new buyer. Read More
Posted: Feb 15 2022, 15:13
Author Name: Benzinga
Views: 092149

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