From Law 360: Pot Giant's Acquisition Plans Stymied in Competition Dispute

August 2019

A Rhode Island state court has pumped the brakes on cannabis behemoth Acreage Holdings' proposed purchase of nonprofit dispensary Greenleaf after a regional cannabis outfit accused Acreage of a raft of misconduct.

The court agreed on Friday to bump a dispute between a New England-focused cannabis business CanWell and the publicly traded industry giant Acreage Holdings Inc. to arbitration and to put a temporary hold on one of Acreage's expansion efforts into the region.

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