Goodness Growth starts litigation against Verano for ‘unlawful’ deal termination
October 21 2022 - 02:41PM
TipRanks
Goodness Growth (GDNSF) announces that it has commenced an action
in the Supreme Court of British Columbia against Verano Holdings
(VRNOF), seeking damages after Verano "wrongfully terminated" the
share exchange agreement between the parties pursuant to which
Verano agreed to acquire all of outstanding capital stock of
Goodness Growth. "Goodness Growth's notice of civil claim was filed
with the British Columbia Supreme Court and was served on Verano
today. Goodness Growth is seeking damages for breach of contract,
as well as other damages, costs and interest, based on Verano's
breach of contract and of its duty of good faith and honest
performance.
https://www.tipranks.com/news/the-fly/goodness-growth-starts-litigation-against-verano-for-unlawful-deal-termination?utm_source=advfn.com&utm_medium=referral
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