Ascend Wellness Files Amended Complaint Against MedMen

09:35pm, Tuesday, 15'th Feb 2022 Cannabis Biz Times
The New York cannabis lawsuit stems from a terminated acquisition agreement between the two companies; Ascend asks court to dismiss countersuit.
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 … Full story available on Benzinga.com
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
Ascend Wellness Promotes Frank Perullo To President Ascend Wellness Holdings, Inc. (CSE: AAWH.U) (OTCQX: AAWH ) has promoted its co-founder and chief strategy officer, Frank Perullo, to president. At his new position, Perullo will be responsible for AWH''s day-to-day operations with the retail, sales and marketing as well as operations departments will report directly to Perullo going forward, in addition to his existing reports, the company said Monday. Abner Kurtin, founder and CEO of AWH will continue to lead the company and oversee Perullo, along with Dan Neville, chief financial officer, and Robin Debiase, chief people officer. “I can''t think of a better person to step into the President role than Frank, as we further develop our canopy, brand portfolio, and retail footprint in 2022 and beyond," Kurtin said. "He will be a crucial asset as we enter our next stage of growth, where we will focus on expanding our product offering and national footprint to better serve our patients and customers." MedMen’s CRO Tracy McCourt Resigns Cannabis retailer MedMen Enterprises Inc. (OTC: MMNFF ) announced on Monday that Tracy McCourt, the company''s chief revenue officer opted to resign, effective March 4. "We appreciate Tracy''s contributions to the organization these past …
Cannabis retailer MedMen Enterprises Inc. (CSE: MMEN) (OTCQB: MMNFF ) announced that Tracy McCourt, the company''s chief revenue officer opted to resign, effective March 4. "We appreciate Tracy''s contributions to the organization these past 14 months and wish her well in her future endeavors," Michael Serruya, CEO and chairman of the Los Angeles-based company, said. The latest management shake-up comes on the heels of MedMen refusing to close the previously announced transaction with Ascend Wellness Holdings, Inc. (OTC: … Full story available on Benzinga.com
Cannabis retailer MedMen Enterprises Inc. (CSE:MMEN) (OTCQB:MMNFF) announced that Tracy McCourt, the company's chief revenue officer opted to resign, effective March 4. "We appreciate Tracy's contribu
Cannabis retailer MedMen Enterprises Inc. MMEN MMNFF, announced that it has extended the maturity date of the term and made certain other amendments to its commercial loan agreement, of an aggregate o

MedMen wins six month grace period on debt

07:56am, Wednesday, 02'nd Feb 2022
Cannabis company MedMen Enterprises Inc. MMNFF, +58.51% MMEN, +57.69% on Wednesday announced a six month grace period for a $114.3 million commercial loan agreement issued on Oct. 1, 2018. MedMen CEO
Cannabis retailer MedMen plans to ask a judge Wednesday for permission to subpoena Gov. Kathy Hochuls office, according to New York State Supreme Court records.

MMNFF Stock: The New Service That Has MedMen Shares Surging Today

05:32pm, Tuesday, 01'st Feb 2022 InvestorPlace
MedMen (MMNFF) stock is heating up on Tuesday as the cannabis retail company reveals a new service for its regular customers.
MedMen (MMNFF) stock is heating up on Tuesday as the cannabis retail company reveals a new service for its regular customers. The post MMNFF Stock: The New Service That Has MedMen Shares Surging Today
Alan Brochstein On Cannabis Investing In 2022 (Video Transcript)

Alan Brochstein On Cannabis Investing In 2022

08:30am, Wednesday, 26'th Jan 2022
Cannabis industry expert Alan Brochstein on 2022 catalysts.
Gov. Hochuls administration used improper influence late last month to help recreational pot seller Ascend Wellness seal its $75 million deal to buy the MedMen marijuana dispensary chain, the suit filed on Monday claims.
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