Lawyers with cannabis distributor Ascend Wellness Holdings said that its legal rival MedMen has indicated it will withdraw its allegations that Ascend executives put political pressure on Gov. Kathy Hochul’s administration to approve a medical marijuana license transfer between the companies.
In response, MedMen filed a counterclaim at the end of January accusing Ascend of leaning on Hochul’s administration and the Office of Cannabis Management to approve the license transfer between the two companies. “Like any house of cards, MedMen’s claims collapsed when exposed to the slightest scrutiny. Ascend will continue to correct the record and looks forward to entering New York’s cannabis market once its rights are vindicated in court,” Denerstein said in a statement to amNY.