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MedMen countersues Ascend over broken N.Y. deal

medmen

By Alex Halperin
01/24/2022 11:55 PM GMT-0700
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The legal dispute between MSOs MedMen and Ascend Wellness Holdings just got uglier.Green Market Report

Last February, Ascend agreed to acquire nearly 87% of cash-strapped MedMen's New York state operation for $73. Ascend provided MedMen with at least $6M in cash for working capital, and upgrades to a facility in upstate New York.

  • At the beginning of 2022, MedMen unilaterally

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