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

MJBizDaily
By Jeff SmithFeb 26, 2021, 1:32 pm275 pts
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…

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