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MedMen, Ascend End Spat With $88M Deal For NY Operations

Law 360 M&A

Cannabis companies MedMen Enterprises Inc. and Ascend Wellness Holdings Inc. announced Wednesday that they will complete the sale of MedMen's New York operations to Ascend for $88 million, resolving the bitter litigation between the two parties over the once-soured transaction.

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Ascend Wellness To Acquire Four Maryland Cannabis Dispensaries

Benzinga

Ascend Wellness Holdings, Inc. entered into a definitive agreement to acquire the Maryland assets of Devi Holdings, Inc. which owns and operates four licensed dispensaries in Aberdeen, Crofton, Ellicott City, and Laurel under the names Nature's Medicines and True Wellness. OTCQX: AAWH ) (CSE:AAWH.U)

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Another Marijuana Firm Dumps A NY Cannabis Deal: Analyst Reveals Future Acquisition Targets And Their M&A Outlook

Benzinga

Just days after Verano Holdings Corp. CSE: VRNO) (OTCQX: VRNOF ) notified Goodness Growth Holdings, Inc. The two cannabis companies initially entered into a $413 million deal in February. OTCQX: MMNFF ) (CSE:MMEN), when Ascend Wellness (CSE:AAWH) (OTCQX: AAWH ) walked away from their agreement.

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Ascendant Resources Closes Final Tranche of Non-Brokered Private Placement

Benzinga

Company has acquired 50% interest in the Lagoa Salgada VMS project, Portugal. TORONTO, May 26, 2022 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. The Offering consisted of the issuance by the Company of 17,560,000 common shares at a price of $0.20 NOT FOR DISTRIBUTION TO U.S. Full story available on Benzinga.com.

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Are Financial Firms Ready for Climate Regulation?

Reynolds Holding

Regulators globally are requiring companies to disclose their greenhouse gas (GHG) emissions. For most companies in the financial sector, though, the bulk of relevant emissions are categorised as Scope 3 indirect emissions, specifically, financed emissions. Some jurisdictions—e.g., In 2024, the U.S.

Finance 59
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Caladrius Biosciences Reports Second Quarter 2022 Financial Results and Provides Business Update

Benzinga

NASDAQ: CLBS ) ("Caladrius" or the "Company"), a clinical-stage biopharmaceutical company developing innovative therapies designed to treat or reverse disease, today reported financial results for the three and six months ended June 30, 2022 and provided a business update. "The Conference call begins today at 4:30 p.m. Eastern time.

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Stakeholder Governance and the Eclipse of Shareholder Primacy

Reynolds Holding

Since the 1970s, when the work of Milton Friedman , Michael Jensen , and Frank Easterbrook took hold in business schools, activists and raiders in high-profile proxy fights and hostile takeovers on Wall Street have wrapped their arms around the shareholder-primacy narrative to advance their own short-termist objectives.