Ascend acquires most of MedMen’s NY cannabis operation for $63 million

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Massachusetts-based Ascend Wellness Holdings is acquiring an 86.7% interest in financially strapped MedMen Enterprise’s cannabis operation in New York for $63 million, according to a definitive agreement announced Friday. Multistate operator Ascend Wellness Holdings (AWH) has an option to acquire the remaining equity in the New York operation for $10 million, contingent on the launch […]

Ascend acquires most of MedMen’s NY cannabis operation for $63 million is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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