MedMen Prevails In Lawsuit Against Arizona-Based Whitestar Solutions

MedMen Enterprises Inc. (OTCQX: MMNFF) (CSE:MMEN) has received a summary judgment in its favor on all counts in a lawsuit against Arizona-based Whitestar Solutions, LLC.

In March 2020, litigation was filed by Whitestar against MedMen in the Superior Court of Arizona, Maricopa County, related to a membership interest purchase and sale agreement governing the purchase of EBA Holdings, Inc. dba MedMen Scottsdale. Whitestar alleged fraudulent inducement and breach of contract, among other claims, and sought rescission of the underlying transaction or $60 million in alleged monetary damages. MedMen consistently maintained that the lawsuit and claims were baseless and without merit – …

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