Goodness Growth Holdings (TSE:GDNS) has released an update.
Goodness Growth Holdings is assertively pursuing legal action against Verano Holdings for allegedly wrongfully terminating a share exchange agreement, seeking $860.9 million in damages. The company has applied for summary determination, arguing that Verano’s defense lacks merit and demonstrating their commitment to recouping potential losses from the failed transaction. Despite the uncertainty of the litigation’s outcome, CEO Josh Rosen remains optimistic about achieving a favorable resolution.
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