Ascend Wellness Holdings, Announces the Filing of a Lawsuit and a Motion for Preliminary Injunction for Specific Performance to Close Transaction with MedMen

WH is seeking to compel injunctive relief to close the transactions contemplated by the Investment Agreement between AWH and MedMen

NEW YORK, Jan. 14, 2022 /PRNewswire/ – Ascend Wellness Holdings, Inc. (“AWH” or the “Company”) (CSE: AAWH.U) (OTCQX: AAWH), a multi-state, vertically integrated cannabis operator focused on bettering lives through cannabis, announced it has filed a complaint commencing a lawsuit in the Commercial Division of the Supreme Court of the State of New York in New York County against MedMen NY, Inc. and MM Enterprises USA, LLC (CSE: MMEN) (OTCQX: MMNFF) (“MedMen”) in which AWH is seeking an order compelling specific performance of the transactions contemplated by the Investment Agreement among AWH and MedMen.  In addition, AWH has made an application for a preliminary injunction and temporary restraining order to maintain the status quo between the parties and to prevent any actions by the MedMen parties that would result in additional encumbrances on the equity or assets of MedMen NY, Inc. 

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