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Hashish Firm Tilray Acquires Shares In Medmen-Noten • MV TELEGRAPH

Shares in Canadian cannabis company Tilray rose nearly 5% in expanded trading on Tuesday after it was announced that it was investing in American cannabis ....

United States , Irwin Simon , Gotham Green Partners , Gotham Green Partner ,

Hedge fund's deal may run afoul of Florida law on owning medical marijuana licenses

Hedge fund's deal may run afoul of Florida law on owning medical marijuana licenses
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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Florida medical marijuana deal has some questioning '5 percent' rule

Florida medical marijuana deal has some questioning '5 percent' rule
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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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