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Last Updated on by Aardvark

There is trouble a-brewing between Ascend Wellness Holdings (AAWH) and MedMen Enterprises Inc (MMNFF). Despite Ascends’ repeated attempts to close a deal to invest approximately $73M in MedMen NY, a MedMen subsidiary, MedMen is “refusing to close an is attempting to terminate the transaction.”

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Ascend is committed to making the deal happen. In a January 3, 2022 press release, the company said that MedMen is sending a message that “cannabis companies cannot be trusted to keep their word.”

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The post MedMen Backs Out of Ascend Wellness Deal appeared first on Cannabis Stock Trades.

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By Aardvark

How's it going fellow growers and smokers! I'm the Aardvark and have been growing and doing grow shows online for many years now. I have helped various companies launch as well as helped test grow for specific breeders trying to prove out certain strains and traits.