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From Giant To Gone: Billion-Dollar Cannabis Company MedMen Sells-Off Its Property Under Receivership
Friday, July 19, 2024 - 2:39pm | 683MedMen’s properties in Illinois, Nevada, and New York are moving closer to sales, but the outlook is not so promising in California and Massachusetts. The slow but steady closing up shop for MedMen Enterprises is proceeding under California-based receiver Richard Ormond, who filed an update...
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Cannabis Movers & Shakers: Pure Extracts, TGOD, MedMen, Gel Cap Concepts, KEY Investment, MediPharm
Friday, November 13, 2020 - 3:14pm | 1064Here is a summary of the latest company shakeups within the cannabis industry. Pure Extracts Technologies Expands The Board, Appoints Dwight Duncan Vancouver-based Pure Extracts Technologies Corp. (CSE: PULL) appointed Dwight Duncan to its board, shortly after its debut on the Canadian...
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MedMen Receives $250M Investment From Gotham Green Partners
Friday, March 22, 2019 - 3:28pm | 454Medmen Enterprises Inc (OTC: MMNFF) remains an attractive company to institutional investors. On Friday, the company signed an agreement for a convertible credit facility of up to $250 million from Gotham Green Partners. What Happened MedMen's subsidiary, MM CAN USA, Inc. will issue convertible...
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MedMen Enterprises Posts Tenfold Revenue Growth In Q1
Friday, November 30, 2018 - 12:47pm | 431American cannabis company MedMen Enterprises Inc (OTC: MMNFF) was trading higher Friday after reporting fiscal first-quarter results. Although the company's revenue surged, its net loss expanded versus same period of the previous year. What Happened The company disclosed revenue of $...
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MedMen To Raise Over $90M Through Unit Sale
Friday, November 9, 2018 - 1:15pm | 363MedMen Enterprises Inc. (OTC: MMNFF), one of the largest marijuana dispensary operators in the United States, plans to raise CAD 120 million ($91 million) after it entered into a letter of engagement with financial services company Canaccord Genuity. What Happened In a press release, MedMen...
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Canadian Exchange Offers Launching Point For MedMen, One Of The Largest American Cannabis Ventures
Tuesday, May 29, 2018 - 3:00pm | 382A leading cannabis company in the U.S. is seeking validation through a run on a global exchange. What Happened MedMen Enterprises Inc., which operates retail stores in California, Nevada and New York, began trading Tuesday on the Canadian Securities Exchange under the symbol MMEN. The company is...