Ascend Wellness Files Lawsuit Against MedMen In Attempt To Resolve $73M Transaction

Ascend Wellness Holdings, Inc. (CSE:AAWH.U) (OTCQX: AAWH) has filed a lawsuit in the Commercial Division of New York's Supreme Court against MedMen NY, Inc. and MM Enterprises USA, LLC (CSE:MMEN) (OTCQX: MMNFF) in which AWH is seeking an order compelling the specific performance of transactions that were contemplated by an investment agreement between AWH and MedMen.

What Happened?

On Dec. 30, almost a year after announcing its plans to invest $73 million in MedMen's subsidiary, AWH received approval from the state's  Control …

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