Verano raises ante in suit against marijuana operator Goodness Growth ⋆ Patriots Hemp

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Verano raises ante in suit against marijuana operator Goodness Growth

Verano raises ante in suit against marijuana operator Goodness Growth

Verano Holdings Corp. is firing back against fellow marijuana multistate operator Goodness Growth, which recently filed an application seeking a summary trial in Vancouver, British Columbia, and nearly $861 million in damages after an all-stock deal to acquire the company was terminated.

Asking the court to dismiss Goodness Growth’s request for a summary determination, Verano argued that a summary trial is not the proper venue to decide such a complex matter.

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“Verano should have access to the proper procedural safeguards proportionate to the matters at issue, including full documentary and oral discovery, the opportunity to retain and instruct experts, and the live testimony and cross-examination of witnesses and experts at trial,” Verano wrote in its Notice of Application.

In a news release, Chicago-based

Read full article on Marijuana Business Daily



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