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MedMen Raises C$20 Million at C$0.40 to Fund Florida Expansion

MedMen Raises C$20 Million at C$0.40 to Fund Florida Expansion
newcannabisventures.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newcannabisventures.com Daily Mail and Mail on Sunday newspapers.

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Ascend Wellness to Invest $136 Million Into MedMen New York Business

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 MM ....

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MedMen Reports Second Quarter Fiscal Year 2021 Financial Results

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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MedMen Announces Equity Private Placement

Press release content from Business Wire. The AP news staff was not involved in its creation.
MedMen Announces Equity Private Placement
February 17, 2021 GMT
MedMen Enterprises Inc. (“
MedMen ” or the “
Company ”) (CSE: MMEN) (OTCQX: MMNFF), a cannabis retailer with operations across the U.S., today announced the execution of subscription agreements with certain institutional investors (collectively, the
“Investors” ) for the sale of up to approximately US$5.8 million of units (”
Units ”) at a purchase price of US$0.3713 per Unit (the
“Private Placement” ). Each Unit consists of one Class B subordinate voting share (each, a ”
Share ”) and one share purchase warrant (each, a ” ....

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MedMen Reports Second Quarter Fiscal Year 2021 Financial Results

MedMen Reports Second Quarter Fiscal Year 2021 Financial Results
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