Verano Files Court Response Seeking Full Trial and Rejecting Goodness Growth’s Damages Claim
Expects Full Trial in 2026 Should the Court Reject Goodness Growth’s Request for Summary Determination
CHICAGO, June 20, 2024 (GLOBE NEWSWIRE) — Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”) announced that it has filed a Notice of Application with the Supreme Court of British Columbia, Canada (the “Court”) in its ongoing litigation with Goodness Growth Holdings, Inc. (“Goodness Growth”). Verano is seeking dismissal of Goodness Growth’s request to have the Court determine the highly fact-driven lawsuit by summary determination which would deny Verano due process and the fairness afforded by a full trial on the merits of the case. While Goodness Growth’s filings with the Court may have been fit to bolster Goodness Growth’s public statements and press releases, Verano considers Goodness Growth’s application to the Court to be no more than an effort to sway public opinion and put forward a baseless and irresponsible damages calculation in an attempt to create false hope for its investors.
Related news for (VRNOF)
- Verano Announces Second Quarter 2024 Financial Results
- Verano to Welcome Ohio Adult Use Cannabis Customers on August 6th at Company’s Zen Leaf Dispensaries to Commemorate Historic End of Cannabis Prohibition in the Buckeye State
- Verano Enters into Agreements with The Cannabist Company to Acquire One of Its Virginia Licenses and Associated Operations and Its Arizona Operations
- Verano Announces the Opening of Zen Leaf Fairless Hills, the Company’s Newest Affiliated Dispensary in Pennsylvania, in Prime New Location
- Verano to Report Second Quarter 2024 Financial Results on August 7, 2024