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MedMen Announces Cancellation of 97,785,140 Warrants Following Two Consecutive Quarters of Positive Retail Cash Flow
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MedMen Opens Emeryville Location in California
April 8, 2021 GMT
MedMen Enterprises Inc. (
“MedMen” or the
“Company” ) (CSE: MMEN) (OTCQB: MMNFF) is pleased to announce today the opening of its Emeryville location in California as it continues to expand its market leading presence in the world’s largest cannabis market. MedMen Emeryville is located at 3996 San Pablo Ave., occupying 2,284 square feet of retail space.
MedMen’s newest location will offer a robust selection of high-quality products including house brand MedMen Red. The MedMen Red line curates a rotational selection of high quality, accessible cannabis for all. Our premium flower strains include classics such as Jack Herer, and Pineapple Express, as well as exotics like Runtz and Lemon Cherry Gelato. Also offered in the collection are disposable vapes, cartridges, pre rolls and gummies.
MedMen Raises C$20 Million at C$0 40 to Fund Florida Expansion
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February 25, 2021 at 9:28 pm Published by NCV Newswire
Investment enables MedMen to deleverage balance sheet in accordance with turnaround plan
NEW YORK & LOS ANGELES–(BUSINESS WIRE)–MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a cannabis retailer with operations across the U.S., today announced the signing of a definitive investment agreement (the “Investment Agreement”) with Ascend Wellness Holdings, LLC (“AWH”), whereby, subject to approval from the New York State Department of Health and other applicable regulatory bodies, AWH will complete an investment (the “Investment”) totaling up to approximately $73 million in MedMen NY Inc. (“MMNY”), MedMen’s subsidiary in the state of New York. In connection with the Investment, and subject to regulatory approval, MMNY will engage the services of AWH pursuant to a management agreement (the “Management Agreement”) under which AWH will advise on MMNY’s opera
MedMen Reports Second Quarter Fiscal Year 2021 Financial Results
“MedMen” or the
“Company”) (CSE: MMEN) (OTCQX: MMNFF), a cannabis retailer with operations across the United States, today released its consolidated financial results for its second quarter fiscal 2021 ending December 26, 2020. All financial information in this press release is reported in U.S. dollars, unless otherwise indicated. “This past quarter was one of continued progress. We have continued to add depth to an already strong management team, we have maintained the support of our capital partners, and we continue to outpace the cost-cutting outlined in our turnaround plan,” said Tom Lynch, Chairman and Chief Executive Officer of MedMen. “Our company revenue growth temporarily slowed due to retail restrictions
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