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iAnthus Reports Second Quarter 2022 Financial Results

iAnthus Reports Second Quarter 2022 Financial Results
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iAnthus Provides Update on Recapitalization Transaction

iAnthus Provides Update on Recapitalization Transaction
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iAnthus Provides Update on Recapitalization Transaction

iAnthus Provides Update on Recapitalization Transaction
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MedMen Announces Cancellation of 97,785,140 Warrants Following Two Consecutive Quarters of Positive Retail Cash Flow

MedMen Announces Cancellation of 97,785,140 Warrants Following Two Consecutive Quarters of Positive Retail Cash Flow
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MedMen Cancels Sale Of 98M Shares On Heels Of Two Cash Positive Quarters

MedMen Enterprises Inc. (CSE:MMEN) (OTCQX:MMNFF) announced Monday that warrants to acquire 97,785,140 Class B Subordinate Voting Shares of the company are canceled.
The move comes following the two consecutive quarters of positive retail cash flow, the Los Angeles-based company said.
Jason Adler, the co-founder and managing partner of Gotham Green Partners, said they are “pleased to forfeit the ‘in-the-money’ warrants as previously agreed,” under a deal between MedMen, Gotham Green Admin 1, LLC, and certain lenders.
“We challenged MedMen to prove they could achieve consecutive quarters of positive retail cash flow, and they hit the ball out of the park,” he added. ....

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