---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-013871"
form_type: "8-K"
ticker: "AAWH"
cik: "0001756390"
company_name: "Ascend Wellness Holdings, Inc."
filed_at: "2022-05-11T23:59:59+00:00"
generated_at: "2026-06-25T21:08:13.921348+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Ascend Wellness settles MedMen dispute; to pay $74M total, $15M extra consideration

## Summary
- Signs term sheet to settle legal dispute with MedMen in NY Supreme Court.
- Agrees to pay $15M additional consideration; total closing payment $74M, $4M deposit already paid.
- Upon first recreational cannabis sale at MedMen NY dispensary, $14M earn-out payable.
- MedMen to withdraw counterclaims; must pay $35M break fee if not closed within 30 days.
- Ascend receives 99.99% controlling interest of MedMen NY; no additional earn-outs or debt assumption.

## SEC filing metadata
- accession: 0001628280-22-013871
- form_type: 8-K
- ticker: AAWH
- cik: 0001756390
- company_name: Ascend Wellness Holdings, Inc.
- filed_at: 2022-05-11T23:59:59+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1756390/000162828022013871/0001628280-22-013871-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1756390/000162828022013871/aawh-20220510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-013871
- JSON: https://secwatch.observer/filing/0001628280-22-013871.json
- Plain text: https://secwatch.observer/filing/0001628280-22-013871.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.