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MedMen Enterprises Inc. (C:MMEN)

Business Focus: Miscellaneous Specialty Retailers (NEC)

Jan 24, 2024 05:08 pm ET
MedMen Announces Management and Board Changes
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a premier cannabis company, today announced that Ellen Deutsch Harrison has stepped down as the Chief Executive Officer and a Board member effective January 19, 2024 and the Board has appointed Richard Ormond as Chief Restructuring Officer. Furthermore, Michael Serruya, Executive Chairman of the Board, who has served on the Board since August 2021, has stepped down from the Board effective today.
Jan 08, 2024 07:03 am ET
Canadian Investment Regulatory Organization Trading Halt - MMEN
VANCOUVER, BC, Jan. 8, 2024 /CNW/ - The following issues have been halted by CIRO:
Jan 05, 2024 06:04 pm ET
MedMen Exits Arizona Market, Completing Sale of Local Operations to MINT Cannabis
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a premier cannabis company with operations across the United States, today announced that the Company has completed the previously announced sale of its non-core business operations in Arizona to an affiliate of Mint Cannabis (“MINT Cannabis”). The pending sale of the Company’s assets in Nevada to MINT Cannabis awaits regulatory approval for completion.
Dec 21, 2023 09:00 am ET
MedMen Provides Annual Filing Status Report
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a premier cannabis company with operations across the United States, is providing this bi-weekly default status report in accordance with National Policy 12-203 – Management Cease Trade Orders ("NP 12-203"). On November 2, 2023, the Company announced that it had been granted a management cease trade order against the Company’s CEO and CFO (“MCTO”) by its principal regulator, the British Columbia Securities Commission. The MCTO prohibits trading in the Corporation's securities by the Company’s CEO and
Dec 20, 2023 08:27 am ET
MedMen Enters into Definitive Agreements to Exit Arizona and Nevada per Announced Strategic Review, Selling Non-Core Assets to MINT Cannabis
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a premier cannabis company with operations across the United States, today announced that it has entered into definitive agreements to sell its non-core business operations in Arizona and certain assets in Nevada to an affiliate of Mint Cannabis (“MINT Cannabis”), a private multi-state cannabis operator headquartered in Arizona. The transactions consist of the sale of MedMen’s wholly-owned operating subsidiary in Arizona and its two operating dispensaries located in Clark County, Nevada. These
Nov 30, 2023 04:26 pm ET
MedMen Provides Annual Filing Status Report
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a premier cannabis company with operations across the United States, is providing this bi-weekly default status report in accordance with National Policy 12-203 – Management Cease Trade Orders ("NP 12-203"). On November 2, 2023, the Company announced that it had been granted a management cease trade order against the Company’s CEO and CFO (“MCTO”) by its principal regulator, the British Columbia Securities Commission. The MCTO prohibits trading in the Corporation's securities by the Company’s CEO and
Nov 16, 2023 06:48 pm ET
MedMen Provides Annual Filing Status Report
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a premier cannabis company with operations across the United States, is providing this bi-weekly default status report in accordance with National Policy 12-203 – Management Cease Trade Orders ("NP 12-203"). On November 2, 2023, the Company announced that it had been granted a management cease trade order against the Company’s CEO and CFO (“MCTO”) by its principal regulator, the British Columbia Securities Commission. The MCTO prohibits trading in the Corporation's securities by the Company’s CEO and
Nov 02, 2023 06:50 pm ET
MedMen Announces Delay of Filing of Financial Statements for the Year Ended July 1, 2023 and Issuance of Management Cease Trade Order
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a premier cannabis company with operations across the United States, today announced it expects to be late in filing its financial statements and management’s discussion and analysis for the year ended July 1, 2023 (the “2023 Financial Filings”) under applicable Canadian securities laws. The Company is unable to timely file, without unreasonable effort and expense, its Annual Report on Form 10-K for the fiscal year ended July 1, 2023 (the “Form 10-K”) because additional time is needed fo
Jul 05, 2023 05:00 pm ET
MedMen Announces Ellen Deutsch as Chief Executive Officer and Amit Pandey as Chief Financial Officer
MedMen Enterprises Inc. ("MedMen'' or the "Company") (CSE: MMEN) (OTCQX: MMNFF), a premier cannabis company with operations across the United States, today announced the appointments of Ellen Deutsch as Chief Executive Officer, effective immediately, and Amit Pandey as Chief Financial Officer, effective July 24th. Deutsch succeeds Interim CEO Edward Record, who will now continue as a non-executive member of MedMen’s Board of Directors. Deutsch has also been appointed to the Company’s Board of Directors, increasing the size of the Board of Directors to six.
Jun 16, 2023 06:30 pm ET
MedMen Announces Resignation of Chief Financial Officer
MedMen Enterprises Inc. ("MedMen'' or the "Company") (CSE: MMEN) (OTCQX: MMNFF), a premier cannabis retailer with operations across the United States, today announced the resignation of Ana Bowman as Chief Financial Officer, effective June 29, 2023. Bowman has served as CFO since 2022.
May 17, 2023 04:05 pm ET
MedMen Expands Chicago-Area Footprint, Opens Newest Dispensary in Morton Grove
MedMen Enterprises Inc. ("MedMen'' or the "Company") (CSE: MMEN) (OTCQX: MMNFF), a premier cannabis retailer with operations across the United States, today announced the opening of its newest store location in Chicago’s Morton Grove area. Located at 6761 Dempster Street in Morton Grove’s Sawmill Station, the 5,000-square-foot dispensary will feature a broad assortment of products from iconic and award-winning cannabis brands, as well as emerging up-and-coming vendors.
Mar 23, 2023 04:10 pm ET
MedMen Enterprises Announces Change of Auditor
MedMen Enterprises Inc., (“MedMen" or the "Company") (CSE: MMEN) (OTCQB: MMNFF) announces it has changed its auditor from MNP LLP to Marcum LLP effective March 17, 2023.
Mar 08, 2023 03:13 pm ET
National Survey Reveals More Than One-Third of U.S. Women Consume Cannabis, But Stigmas Linger
MedMen Enterprises Inc. (“MedMen'' or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a premier cannabis retailer with operations across the United States, today released the results of a new national survey examining the cannabis consumption habits of American women.
Feb 17, 2023 05:55 pm ET
MedMen Continues Restructuring Efforts, Highlights Results To-Date, and Announces Strategic Review of Assets in Arizona, Illinois, and Nevada as Next Steps
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a premier cannabis retailer with operations across the United States, continues to make progress in its restructuring efforts. Efforts to date have been effective, resulting in a return to positive adjusted EBITDA and a 34% reduction in payroll costs across its retail locations, cultivation centers, and corporate headquarters in the most recently reported quarter. Along with right sizing the expense structure, the Company continues to make progress on localization of store assortments and improving th
Sep 15, 2022 06:28 pm ET
CSE Bulletin: INDEX - CSE 25 INDEX QUARTERLY REBALANCING
Toronto, Ontario--(Newsfile Corp. - Le 15 septembre 2022/September 2022) - The quarterly rebalancing of the CSE 25 Index will result in the following changes, effective after the close on Friday, September 16, 2022.
Aug 26, 2022 08:30 am ET
Green Sentry Holdings Completes Acquisition of MedMen's Florida MMTC License and Assets
Closes on $63 million (plus the assumption of lease liabilities in Florida) purchase of MedMen's Florida assets, including MMTC license, 14 Premium Retail Dispensaries, 30,000 square foot Cultivation Facility, inventory and other assets
Aug 22, 2022 04:35 pm ET
MedMen Completes Sale of Florida Assets
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a premier cannabis retailer with operations across the United States, today announced the close of a $67 million deal with Florida-based private company Green Sentry Holdings LLC (“Green Sentry”) for the Company’s Florida-based operations, including its license, dispensaries, inventory, and cultivation operations. The deal is comprised of $63 million in cash and approximately $4 million in liabilities to be assumed by Green Sentry. The deal also includes the license of MedMen’s trademarks in the state.
Jun 16, 2022 07:00 pm ET
CSE Bulletin: INDEX - CSE 25 Index Quarterly Rebalancing
Toronto, Ontario--(Newsfile Corp. - Le 16 juin 2022/June 2022) - The quarterly rebalancing of the CSE 25 Index will result in the following changes, effective after the close on Friday, June 17, 2022.
May 23, 2022 04:30 pm ET
MedMen Prevails in Lawsuit Against Arizona-Based Whitestar Solutions
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a premier cannabis retailer with operations across the United States, today announced the Company has received a summary judgment in its favor on all counts in a lawsuit against Arizona-based Whitestar Solutions, LLC (“Whitestar”).
May 11, 2022 07:00 am ET
MedMen to Sell New York Operations for $88 Million; $15 Million Incremental Value
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a premier cannabis retailer with operations across the United States, today announced a definitive agreement with Ascend Wellness Holdings (“AWH”) that will allow the sale of MedMen’s New York operations to close for increased consideration. The transaction resolves the litigation between MedMen and AWH concerning the transaction and delivers $15 million in additional value to MedMen shareholders. Under the terms of the settlement agreement, AWH will pay MedMen $88 million: $73 million as an assumption of debt and
Apr 27, 2022 04:30 pm ET
MedMen Announces Edward Record as CEO
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a premier cannabis retailer with operations across the United States, today announced the appointment of Edward Record as Chief Executive Officer, effective immediately. Record succeeds interim CEO Michael Serruya, who will continue to serve as Chairman of the Board.
Apr 26, 2022 09:33 am ET
MedMen Announces Partial Adjournment of Annual and Special Meeting of Shareholders until May 19, 2022
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a premier American cannabis retailer, today announced the partial adjournment of its 2022 Annual and Special Meeting of Shareholders (“Annual Meeting”), with respect to Proposal 3, set forth in its Definitive Proxy Statement filed with the U.S. Securities and Exchange Commission on March 11, 2022 (the “Proxy Statement”) until May 19, 2022 at 9:00 AM (Pacific Time). The Annual Meeting was convened with respect to the other proposals set forth in the Proxy Statement with all such proposals
Apr 06, 2022 07:00 am ET
Tilray Brands, Inc. Reports Third Quarter Fiscal Year 2022 Financial Results
Tilray Brands, Inc. (“Tilray” or the “Company”) (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company inspiring and empowering the worldwide community to live their very best life, today reported...
Mar 07, 2022 08:00 am ET
MedMen Unveils New San Francisco Store in Partnership With Mirage Medicinal
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a leading cannabis retailer with operations across the nation, today announced the opening of its newest store location on Union Street in San Francisco’s Cow Hollow neighborhood. Occupying 3,222 square feet of prime retail space at 1861 Union Street, MedMen Union Street marks the Company’s inaugural partnership with equity-licensed partner Mirage Medicinal, led by Malcolm Joshua Weitz. Weitz, a Mission District native and founder of Mirage Medicinal, will serve as CEO and part owner of the MedMen Union Street loca
Mar 04, 2022 04:30 pm ET
MedMen Prevails in Claims for Legal Fees and Costs Against Former CFO Parker
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a premier cannabis retailer with operations across the United States, previously announced in November 2021 that a jury had completely exonerated the Company in a lawsuit brought by former CFO James Parker. On March 1, 2022, the judge further ordered that Parker repay MedMen $612,000 in legal fees that the Company had previously advanced to Parker, affirming that Parker was not entitled to such reimbursement due to his material breach of his employment agreement: "Since Parker materially breached his employment agr
Feb 28, 2022 08:00 am ET
MedMen Announces Sale of Florida Assets, New Trademark Licensing Agreement
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a premier cannabis retailer with operations across the United States, today announced plans to sell its Florida assets to Florida-based private company Green Sentry Holdings LLC for $83 million. The cash deal includes the sale of substantially all of MedMen’s Florida-based assets, including its license, dispensaries, inventory and cultivation operations. Additionally, the Company agreed to license its trademarks in the state for a two-year period, subject to termination rights, for a quarterly revenue-based fee. Th
Feb 18, 2022 05:39 pm ET
MedMen Announces Ana Bowman as Permanent CFO
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a premier cannabis retailer with operations across the United States, today announced the appointment of Ana Bowman as Chief Financial Officer, effective February 22, 2022. Bowman succeeds outgoing interim CFO Reece Fulgham, who will be returning to consulting firm SierraConstellation Partners.
Feb 11, 2022 08:15 pm ET
MedMen Announces Resignation of Chief Revenue Officer
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQB: MMNFF), a leading cannabis retailer with operations across the nation, today announced the Company has received notification from Tracy McCourt, the Company’s Chief Revenue Officer, of her decision to resign, effective March 4, 2022.
Feb 02, 2022 07:30 am ET
MedMen Extends Maturity Date of Commercial Loan Agreement
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a premier American cannabis retailer, today announced that it has extended the maturity date of the term loans (the “Term Loans”) and made certain other amendments (collectively, the “Amendments”) to its Commercial Loan Agreement, of an aggregate outstanding principal balance of approximately US$114.3 million, dated as of October 1, 2018 (as amended and/or otherwise modified, the “Commercial Loan Agreement”) entered into by its subsidiary MM CAN USA, Inc. The Amendments extend the
Feb 01, 2022 08:30 am ET
MedMen Announces Cannasseur Personal Concierge Service
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a leading cannabis retailer with operations across the nation, today announced its Cannasseur Personal Concierge Service, a personal shopping program now available in California, Nevada, Arizona and Florida dispensaries.
Jan 25, 2022 08:30 am ET
MedMen Promotes Tyson Rossi to Chief Strategy Officer
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a leading cannabis retailer with operations across the nation, today announced the appointment of Tyson Rossi to the role of Chief Strategy Officer.
Jan 13, 2022 08:00 am ET
MedMen’s Tracy McCourt Appointed President of West Hollywood Cannabis Organization
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQB: MMNFF), a leading cannabis retailer with operations across the nation, today announced the appointment of Tracy McCourt, Chief Revenue Officer, to President of Emerald Village West Hollywood. Established in 2021, Emerald Village West Hollywood is the official marketing organization for licensed cannabis businesses in West Hollywood.
Jan 11, 2022 06:30 am ET
MedMen Expands Brand Portfolio With Boutique Strains From Fog City Farms
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a leading cannabis retailer with operations across the nation, today announced it will carry new products from Fog City Farms, a Santa Cruz-based cannabis cultivation company specializing in sustainable growing and business practices, with an emphasis on boutique strains. Beginning January 23, unique small-batch strains cultivated in Fog City Farms’ state-of-the-art vertical growing platform will be available at select MedMen locations across California.
Jan 10, 2022 07:00 am ET
Tilray, Inc. Reports Profitable Second Quarter Fiscal Year 2022 Financial Results
Tilray, Inc. (“Tilray” or the “Company”) (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company inspiring and empowering the worldwide community to live their very best life, today reported financial...
Jan 03, 2022 10:41 am ET
MedMen Announces Termination of Investment Agreement
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a premier cannabis retailer with operations across the United States, today announced its termination of that certain Investment Agreement, dated as of February 25, 2021 (the “Investment Agreement”), by and among MedMen NY, Inc., a New York corporation, MM Enterprises USA, LLC, a Delaware limited liability company, AWH New York, LLC, a Delaware limited liability company, and Ascend Wellness Holdings, Inc. (“AWH”), a Delaware corporation. The Investment Agreement, pursuant to which AWH would have invested into MedMe
Jan 03, 2022 06:55 am ET
Ascend Wellness Holdings, Inc. Announces MedMen has Attempted to Unilaterally Terminate the Investment Agreement
MedMen has attempted to unilaterally terminate the Investment Agreement and ignored AWH calls to close within five business days of all closing conditions being satisfied or waived; AWH calls on MedMen to close the transaction
Jan 03, 2022 06:55 am ET
Ascend Wellness Holdings, Inc. Announces MedMen has Attempted to Unilaterally Terminate the Investment Agreement
MedMen has attempted to unilaterally terminate the Investment Agreement and ignored AWH calls to close within five business days of all closing conditions being satisfied or waived; AWH calls on MedMen to close the transaction
Dec 21, 2021 12:10 pm ET
MedMen Opens Fenway Store Location, Officially Enters Massachusetts’ Thriving Cannabis Market
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a leading cannabis retailer with operations across the nation, today announced the opening of its newest store location in Boston’s famed Fenway Park area. Occupying 4,725 square feet of prime retail space on 120 Brookline Avenue, MedMen Fenway marks the Company’s entry into Massachusetts’ booming adult-use market.
Dec 16, 2021 05:15 pm ET
MedMen Brings Legendary California Brand Jungle Boys to Shelves
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a leading cannabis retailer with operations across the nation, today announced it will carry Jungle Boys – the iconic LA-based growers collective known for growing premium cultivars selected through a rigorous pheno-hunting process – to MedMen dispensaries across California. Beginning December 17, Jungle Boys will be available at all California MedMen locations.
Dec 13, 2021 08:30 am ET
MedMen Now Offers Delivery Services Across Florida
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a leading cannabis retailer with operations across the nation, today announced delivery services for medical cannabis patients in Florida. The Company now offers same day and next day delivery to customers at its St. Petersburg, West Palm Beach, South Beach and Orlando locations, with more locations to follow.
Dec 09, 2021 06:30 pm ET
MedMen Announces Nationwide Donation Drive, Holiday Promo
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a leading cannabis retailer with operations across the nation, today unveiled plans to ring in the holidays with a nationwide donation drive conducted between December 13-23, with collections going to local charities in MedMen markets.
Dec 06, 2021 12:42 pm ET
MedMen Expands Product Portfolio with In-Demand Cannabis Brands, Exclusive Strains
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQB: MMNFF), a leading cannabis retailer with operations across the nation, today announced the expansion of its wide-ranging product assortment to include seven of today’s hottest cannabis brands. The latest iteration of MedMen’s ever-expanding inventory will include new products from brands Fireball, Kush Co, Peaches, Papa’s Herb, Congo Club, Nasha and Dr. Greenthumb.
Nov 23, 2021 07:00 am ET
MedMen Prevails in Lawsuit Against Former CFO James Parker
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a premier cannabis retailer with operations across the United States, today announced the company has prevailed in a high-profile lawsuit brought by former CFO James Parker.
Nov 22, 2021 08:30 am ET
MedMen Announces Michael Serruya as Chairman and Interim CEO
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a premier cannabis retailer with operations across the United States, today announced its Board of Directors has appointed Michael Serruya as Chairman and Interim CEO, effective immediately. Serruya succeeds outgoing Chairman and CEO Tom Lynch, who held the position since 2020 and oversaw the Company’s operational turnaround.
Nov 09, 2021 04:01 pm ET
MedMen Reports 13% Year-over-Year Quarterly Revenue Growth and Fifth Consecutive Quarter of Positive Retail Adjusted EBITDA
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a premier cannabis retailer with operations across the United States, today released its consolidated financial results for its first fiscal quarter of 2022, ended September 25, 2021. All financial information in this press release is reported in U.S. dollars, unless otherwise indicated.
Nov 08, 2021 09:17 pm ET
MedMen Announces Board Changes
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a premier cannabis retailer with operations across the United States, today announced that David Hsu and Ed Record have been elected to the Company’s Board of Directors, effective immediately.
Oct 28, 2021 06:20 pm ET
MedMen To Announce First Quarter Fiscal 2022 Financial Results on November 9, 2021
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a premier cannabis retailer with operations across the United States, confirmed that it will release its financial results for the first quarter fiscal 2022 ended September 25, 2021, after market close on Tuesday, November 9, 2021.
Oct 25, 2021 08:30 am ET
MedMen Announces Promotion of Roz Lipsey to Chief Operating Officer
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a leading cannabis retailer with operations across the nation, today announced the appointment of Roz Lipsey to the role of Chief Operating Officer, effective immediately. Ms. Lipsey succeeds Tim Bossidy, who has served as interim Chief Operating Officer since 2020.
Oct 19, 2021 08:30 am ET
MedMen Announces Re-Opening of Tallahassee, Florida Location
“Today, we are well-equipped and more eager than ever to resume providing Florida’s growing number of medical cannabis patients with an unparalleled shopping experience and a higher standard of patient care,” said Tracy McCourt, Chief Revenue Officer, MedMen. “As we execute against a disciplined turnaround plan, we’ll continue to focus on expansion in the Florida cannabis market, which currently ranks third in the nation by total sales.”
Oct 01, 2021 09:16 am ET
MedMen Announces LitHouse Farms to Manage California and Nevada Cultivation Facilities in Conjunction with Cash Flow Accretive Foundry Works Partnership
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a premier U.S. cannabis retailer, today announced that LitHouse Farms, one of the most highly‐awarded cultivators in California, has agreed to manage cultivation and manufacturing at each of the two approximately 45,000 square foot, Dutch greenhouse, cultivation and production facilities that MedMen leases in Desert Hot Springs, California (“DHS”) and Sparks, Nevada (“Sparks”). LitHouse will expand its current California production, enter the Nevada market for the first time and produce flower for MedMen’s private
Sep 23, 2021 04:01 pm ET
MedMen Reports 55% Year-Over-Year Quarterly Revenue Growth and Second Consecutive Quarter of Growth in Both Revenue and Retail Adjusted EBITDA
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a premier cannabis retailer with operations across the United States, today released its consolidated financial results for its fourth quarter of 2021 and for the fiscal year ended June 26, 2021. All financial information in this press release is reported in U.S. dollars, unless otherwise indicated.
Sep 21, 2021 10:47 am ET
CSE Bulletin: Expiry - MedMen Enterprises Inc. - Warrants (MMEN.WT)
Toronto, Ontario--(Newsfile Corp. - Le 21 septembre/September 2021) - MedMen Enterprises Inc. Warrants listed on September 27, 2018 will expire on September 27, 2021.
Sep 17, 2021 05:32 am ET
CSE Bulletin: Index - CSE 25 Index Quarterly Rebalancing
Toronto, Ontario--(Newsfile Corp. - Le 16 septembre 2021/September 2021) - The quarterly rebalancing of the CSE 25 Index will result in the following changes, effective after the close on Friday, September 17, 2021.
Sep 09, 2021 08:00 am ET
MedMen Announces Grand Opening of Orlando, Florida, Dispensary
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a leading cannabis retailer with operations across the nation, today announced the opening of its newest store location in Orlando, Florida. MedMen Orlando will occupy 5,500 square feet of prime retail territory on 11551 University Boulevard and serve as a key focal point of the Company’s operations in the vibrant and burgeoning Central Florida area. This latest opening brings MedMen’s national store count to 27, including 6 locations in Florida, and demonstrates the Company’s commitment to rapid grow
Sep 03, 2021 01:13 pm ET
MedMen To Announce Year Ended and Fourth Quarter Fiscal 2021 Financial Results on September 23, 2021
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a premier cannabis retailer with operations across the United States, confirmed that it will release its financial results for the year ended and fourth quarter fiscal 2021 ended June 26, 2021, after market close on Thursday, September 23, 2021.
Aug 17, 2021 04:50 pm ET
IIROC Trade Resumption - MMEN
VANCOUVER, BC, Aug. 17, 2021 /CNW/ - Trading resumes in:
Aug 17, 2021 04:26 pm ET
IIROC Trading Halt - MMEN
VANCOUVER, BC, Aug. 17, 2021 /CNW/ - The following issues have been halted by IIROC:
Aug 17, 2021 04:05 pm ET
MedMen Announces Backstopped US$100M Equity Investment Led by Serruya Private Equity to Fund Expansion and Transform Balance Sheet
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a premier U.S. cannabis retailer, today announced that investors, led by Serruya Private Equity ("SPE"), are purchasing US$100 million of units ("Units") of Medmen at a purchase price of US$0.24 (C$0.32) per Unit (the “Private Placement”). Certain investors associated with SPE agreed to backstop the US$100 million to be raised in the Private Placement (the “Backstop Commitment”).
Aug 17, 2021 04:03 pm ET
Tilray Acquires Majority Position in Amended MedMen Convertible Notes
Tilray, Inc. (“Tilray”) (Nasdaq l TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company, and MedMen Enterprises Inc. (“MedMen”) (CSE: MMEN) (OTCQX: MMNFF), a premier American cannabis retailer, today announced that Tilray has acquired the majority of the outstanding senior secured convertible notes (the “Notes”) of MedMen that were originally held by certain funds affiliated with Gotham Green Partners, LLC and other funds (collectively, “GGP”). The acquisition provides Tilray with a path, subject to necessary regulatory approvals, to ob
Jul 15, 2021 05:09 pm ET
MedMen Announces Permanent Appointment of Tom Lynch as Chief Executive Officer
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) today announced MedMen’s current interim Chief Executive Officer and Chairman of the Board of Directors, Tom Lynch, will be appointed as the permanent Chief Executive Officer of the Company effective Thursday, July 15, 2021. Lynch has served as the interim Chief Executive Officer since March 2020.
Jun 29, 2021 04:35 pm ET
MedMen Announces Growth Plan Update
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), is pleased to provide updates regarding its operations in Arizona, West Hollywood, CA and Oak Park, IL as it continues to achieve key milestones in its growth plan.
May 17, 2021 09:09 am ET
MedMen Announces Non-Brokered Private Placement to Drive Fenway and San Francisco Store Openings
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), is pleased to announce the closing of the sale of USD$10.0 million of units ("Units") at a purchase price of USD$0.32 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 "Warrant"). Each Warrant permits the holder to purchase one Share for a period of three years from the date of issuance at an exercise price of USD$0.352 per Share.
May 11, 2021 04:30 pm ET
MedMen Reports Sequential Sales Increase in Third Quarter Fiscal Year 2021 Financial Results
MedMen Enterprises Inc. (“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 third quarter fiscal 2021 ending March 27, 2021. All financial information in this press release is reported in U.S. dollars, unless otherwise indicated.
Apr 29, 2021 06:30 am ET
MedMen Opens First Miami Location in South Beach
(“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) today announced the opening of its first Miami location in the heart of South Beach on Collins Avenue, just two blocks from the historic Art Deco District and lively beach.
Apr 28, 2021 07:41 pm ET
MedMen to Announce Third Quarter Fiscal 2021 Financial Results on May 11, 2021
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a cannabis retailer with operations across the United States, confirmed that it will release its financial results for the third quarter fiscal 2021 ended March 27, 2021, after market close on Tuesday, May 11, 2021.
Apr 26, 2021 08:12 am ET
MedMen Announces Cancellation of 97,785,140 Warrants Following Two Consecutive Quarters of Positive Retail Cash Flow
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) today announced the cancellation of warrants to acquire 97,785,140 Class B Subordinate Voting Shares of the Company following two consecutive quarters of positive retail cash flow for the periods ended September 26, 2020 and December 26, 2020.
Apr 08, 2021 06:30 am ET
MedMen Opens Emeryville Location in California
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.
Mar 30, 2021 09:02 am ET
MedMen Awarded New Adult Use License in Morton Grove, Illinois
Coming off the success of MedMen’s Illinois locations in Evanston and Oak Park, MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), is pleased to announce it was awarded a new license to open an adult-use dispensary in Morton Grove, Illinois.
Mar 18, 2021 09:31 am ET
MedMen Announces Non-Brokered Private Placement to Fuel Growth in Florida and Other Core Markets
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), is pleased to announce the sale of C$20.0 million of units ("Units") at a purchase price of C$0.40 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 "Warrant"). Each Warrant permits the holder to purchase one Share for a period of three years from the date of issuance at an exercise price of C$0.50 per Share.
Feb 25, 2021 07:58 pm ET
MedMen Announces Investment from AWH into MedMen’s New York Operations
“We believe the proposed transaction will bring fresh capital and a new perspective to New York’s medical marijuana program and its patients,” said Abner Kurtin, Founder of AWH.
Feb 16, 2021 07:49 pm ET
MedMen Announces Equity Private Placement
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 "Warrant"). Each Warrant permits the
Feb 16, 2021 06:37 pm ET
MedMen Reports Second Quarter Fiscal Year 2021 Financial Results
MedMen Enterprises Inc. (“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.
Feb 11, 2021 08:57 am ET
IIROC Trade Resumption - MMEN
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Feb 11, 2021 08:48 am ET
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Feb 10, 2021 09:41 am ET
IIROC Trade Resumption - MMEN
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Feb 10, 2021 09:31 am ET
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Feb 09, 2021 09:31 am ET
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Feb 09, 2021 09:21 am ET
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Feb 08, 2021 10:34 pm ET
MedMen Enterprises Inc. Retains Moelis & Company LLC as Financial Advisor
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a cannabis retailer with operations across the U.S., today announced that it has engaged Moelis & Company LLC as its financial advisor to assist the Company in analyzing various strategic alternatives to position the Company for future success and to maximize stakeholder value.
Feb 03, 2021 04:30 pm ET
MedMen to Announce Second Quarter Fiscal 2021 Financial Results on February 16, 2021
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a cannabis retailer with operations across the United States, confirmed that it will release its financial results for the second quarter fiscal 2021 ended December 26, 2020, after market close on Tuesday, February 16, 2021.
Jan 12, 2021 09:39 am ET
MedMen Announces Additional US$10 Million Senior Secured Convertible Note Financing Under Gotham Green Facility
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a leading cannabis retailer with operations across the U.S., today announced the closing of US$10,000,000 in additional gross proceeds under its senior secured convertible facility (the "Facility") led by funds affiliated with Gotham Green Partners ("GGP") together with certain additional amendments to the facility and to the securities previously issued thereunder.
Jan 04, 2021 06:30 am ET
MedMen Relaunches MedMen Red
MedMen is pleased to announce the relaunch of its signature house brand, MedMen Red in all California and Nevada locations. The line, first introduced in November 2019, is the intersection of premium quality and value, providing our customers with exceptional cannabis products at very compelling prices. Cultivated locally in each state through a meticulous growing process, which takes about 14 weeks from seed to sale, every product is carefully considered.
Dec 24, 2020 03:03 pm ET
MedMen Announces Cancellation of 815,295 Class A Super Voting Shares
MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) (“MedMen” or the “Company”), a cannabis retailer with operations across the U.S., today announced that effective as of December 10, 2020, pursuant to the terms and conditions contained in a purchase agreement between MedMen and Andrew Modlin dated January 30, 2020, the remaining 815,295 Class A super voting shares that had been held by Mr. Modlin were automatically cancelled. Concurrently, the proxy that Mr. Modlin had granted to Benjamin Rose in respect of the voting of such shares expired. As a result of the share cancellation, the Company h
Dec 18, 2020 04:30 pm ET
MedMen Appoints Reece Fulgham as Interim Chief Financial Officer
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a leading cannabis retailer with operations across the United States, today named Reece Fulgham as Interim Chief Financial Officer. Fulgham will oversee MedMen’s finance and accounting operations beginning Monday, December 21, 2020.
Dec 16, 2020 06:30 am ET
MedMen Announces Tom Lynch Elected as Chairman of the Board
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a leading cannabis retailer with operations across the United States, today announced that Tom Lynch has been elected as Chairman of the Board of Directors, effective immediately. Lynch currently serves as the interim Chief Executive Officer for MedMen and was elected to the Board of Directors in November.
Dec 07, 2020 04:30 pm ET
MedMen Reports First Quarter Fiscal Year 2021 Financial Results
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a cannabis retailer with operations across the U.S., today released its consolidated financial results for its first quarter fiscal 2021 ended September 26, 2020. All financial information in this press release is reported in U.S. dollars, unless otherwise indicated.
Dec 03, 2020 04:30 pm ET
MedMen Announces Tracy McCourt as New Chief Revenue Officer
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a leading cannabis retailer with operations across the United States, today named Tracy McCourt to the new role of Chief Revenue Officer. In this role, McCourt will report directly to the Chief Executive Officer and lead the omni-channel marketing strategy as well as the Company’s buying, merchandising and business intelligence efforts.
Dec 02, 2020 06:30 am ET
MedMen Confirms Release of First Quarter Fiscal 2021 Financial Results on December 7, 2020
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a leading cannabis retailer with operations across the United States, confirmed that it will release its financial results for the first quarter fiscal 2021 ended September 26, 2020 after market close on Monday, December 7, 2020, which is the due date based on the rules of the U.S. Securities Exchange Commission.
Dec 01, 2020 06:51 pm ET
MedMen Announces Delay Filing of Financial Statements for the First Fiscal Quarter of 2021, Ended September 26, 2020 and Issuance of Management Cease Trade Order
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a leading cannabis retailer with operations across the United States, today announced it expects to be late in filing its financial statements and management’s discussion and analysis for the first quarter ended September 26, 2020 (the “Interim Financial Filings”) under applicable Canadian securities laws. The Company has filed a registration statement with the United States Securities and Exchange Commission (the "SEC") in connection with its loss of foreign private issuer status. While
Nov 24, 2020 04:30 pm ET
MedMen To Announce First Quarter Fiscal 2021 Financial Results on December 7, 2020
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a leading cannabis retailer with operations across the United States, today announced that it will release its financial results for the first quarter fiscal 2021 ended September 26, 2020 after market close on Monday, December 7, 2020.
Nov 23, 2020 06:30 am ET
MedMen x Viola Launch
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a leading cannabis retailer with operations across the United States, is pleased to announce the launch of Viola within all California locations. Founded in 2011 by NBA veteran and MedMen board member, Al Harrington, Viola is a premium cannabis company that focuses on increasing minority ownership, reinvesting in the community and creating opportunity through social equity. Launching with five potent strains; J1, Wedding Cake, Watermelon Zkittlez, Mother’s Milk and Mandarin OG – t
Nov 11, 2020 04:30 pm ET
MedMen Announces Annual General Meeting Results
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a leading cannabis retailer with operations across the United States, today announced the results of its annual meeting (the of shareholders (“MedMen Shareholders”) held on November 10, 2020.
Nov 02, 2020 04:30 pm ET
MedMen Announces Increased Financing Commitment – Designated News Release
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a leading cannabis retailer with operations across the U.S., today announced the financing commitment previously announced on September 16, 2020, was increased from US$20,700,000 to US$25,705,279 as a result of an upsizing of the senior secured term loan led by Stable Road Capital (the “Senior Secured Term Loan”).
Oct 15, 2020 04:45 pm ET
MedMen Reports Fourth Quarter and Fiscal Year 2020 Financial Results and Pre-announces First Quarter 2021 Revenue
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a cannabis retailer with operations across the U.S., today released its consolidated financial results for the fourth quarter and fiscal year ended June 27, 2020. All financial information in this press release is reported in U.S. dollars, unless otherwise indicated. Beginning in the fourth quarter 2020, the Company began reporting in U.S. generally accepted accounting principles (“GAAP”).
Sep 22, 2020 04:30 pm ET
MedMen Announces Earnings Date Change: Fourth Quarter and Full Year Fiscal 2020 Earnings Call Scheduled for October 15, 2020
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a leading cannabis retailer with operations across the U.S., today announced that it has changed the previously announced release date of its financial results for the fourth quarter and full year fiscal 2020 ended June 27, 2020. The Company will now release its financial results after market close on Thursday, October 15, 2020.
Sep 16, 2020 04:45 pm ET
MedMen Announces US$20 Million Financing Commitments – Designated News Release
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a leading cannabis retailer with operations across the U.S., today announced financing commitments totaling over US$20,000,000 from existing lenders and institutional investors. The commitments include (1) US$10,000,000 in gross proceeds under a new unsecured convertible facility, (2) US$5,700,000 in additional gross proceeds under its senior secured term loan led by Stable Road Capital and (3) US$5,000,000 in additional gross proceeds under its senior secured convertible facility led by Gotham Green
Aug 27, 2020 04:30 pm ET
MedMen Provides Updates on Growth Opportunities in West Hollywood and Boston
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a leading cannabis retailer with operations across the U.S., today announced corporate updates related to retail licenses in California and Massachusetts. The Company currently has 25 retail stores that are in operation across California, Nevada, Illinois, Florida, New York and Arizona.
Aug 25, 2020 04:30 pm ET
MedMen to Announce Fourth Quarter and Full Year Fiscal 2020 Financial Results on September 28, 2020
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) announced today that it will release its financial results for the fourth quarter and full year fiscal 2020 ended June 27, 2020 after market close on Monday, September 28, 2020.
Aug 04, 2020 06:00 am ET
MedMen Announces Addition to Board of Directors
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) announces the appointment of Al Harrington to its board of directors (the “Board”). Mr. Harrington is the founder of Viola, Inc., a premium cannabis company that focuses on increasing minority ownership, reinvesting in the community, and creating opportunity through social equity. Additionally, he is also the founder of Harrington Wellness, a manufacturing company of non-psychoactive cannabinoid products, which currently produces cannabis topical solutions. Prior to his entry into the cannabis i
Jul 30, 2020 06:00 am ET
MedMen Opens Coral Shores Location in Florida
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQB: MMNFF) is pleased to announce today the opening of its Coral Shores location near Fort Lauderdale, Florida. MedMen Coral Shores is the Company’s fifth operational location in the state. MedMen Coral Shores is located at 2949 North Federal Highway, occupying 1,668 square feet of retail space.
Jul 03, 2020 06:00 am ET
MedMen Announces Lender and Landlord Support for Company Turnaround
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) today announced the execution of definitive agreements with certain lenders, including Gotham Green Partners, Stable Road Capital and affiliates, and the Company’s most significant landlord, Treehouse Real Estate Investment Trust (“Treehouse”) as part of a financial restructuring and turnaround plan (the “Plan”) to support the expansion of the Company’s industry-leading retail footprint. The Plan will defer approximately US$32 million in cash commitments over the next 12 months and provide additional b
Jun 17, 2020 04:30 pm ET
 MedMen Announces Changes to Its Board of Directors and Resolution of MMMG-MC Litigation - Designated News Release
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) today announced that Adam Bierman, Co-Founder, stepped down as a member of the Company’s Board of Directors. In addition, Andrew Modlin, the Company’s other Co-Founder, stepped down as an observer to the Company’s Board of Directors. Mr. Modlin’s employment agreement with the Company expired on May 18, 2020.
May 27, 2020 04:30 pm ET
MedMen Reports Third Quarter Fiscal 2020 Financial Results – Designated News Release
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) today released its consolidated financial results third quarter 2020 ended March 28, 2020. All financial information in this press release is reported in U.S. dollars, unless otherwise indicated.
Apr 16, 2020 06:00 am ET
MedMen to Announce Third Quarter Fiscal 2020 Financial Results on May 27, 2020
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) plans to release its financial results for the third quarter fiscal 2020 ended March 28, 2020 after market close on Wednesday, May 27, 2020.
Mar 30, 2020 06:00 am ET
MedMen Closes Senior Secured Convertible Financing and Provides Additional Corporate Updates
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) announces today that it has closed on US$12,500,000 in additional gross proceeds under its US$250,000,000 senior secured convertible debt facility (the “Facility”) led by funds affiliated with Gotham Green Partners (collectively, “GGP”). In aggregate, GGP and co-investors have invested US$147,500,000 into the Company under the Facility to date. The Company is also providing corporate governance and management updates, including changes to the Board of Directors and Interim Chief Executive
Mar 25, 2020 06:00 am ET
MedMen Announces Addition to Board of Directors – Designated News Release
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) announces the appointment of Errol Schweizer to its board of directors (the “Board”). Mr. Schweizer has over 25 years of experience in the food and cannabis industries, including 15 years at Whole Foods Market, where he held a number of roles within the organization, including Vice President of Grocery. In this role, Mr. Schweizer oversaw merchandising, product assortment, promotional programs and financial performance for over 80 product categories and $5 billion in annual sales. Mr. Schweizer departed Whole
Feb 26, 2020 04:05 pm ET
MedMen Reports Second Quarter Fiscal 2020 Financial Results – Designated News Release
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) today released its consolidated financial results second quarter 2020 ended December 28, 2019. All financial information in this press release is reported in U.S. dollars, unless otherwise indicated.
Feb 26, 2020 03:18 pm ET
IIROC Trade Resumption - MMEN
VANCOUVER, Feb. 26, 2020 /CNW/ - Trading resumes in:
Feb 26, 2020 03:08 pm ET
IIROC Trading Halt - MMEN
VANCOUVER, Feb. 26, 2020 /CNW/ - The following issues have been halted by IIROC:
Jan 31, 2020 06:00 am ET
MedMen Announces Leadership Change and Moves to Strengthen Governance
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) today announced that Adam Bierman, Co-Founder and Chief Executive Officer, has decided to step down as Chief Executive Officer of the Company effective February 1, 2020. The board of directors of the Company is in the process of forming a committee of directors that will be responsible for identifying and appointing a new CEO. The committee expects to consider internal and external candidates and may engage a national search firm to aid in its efforts. In the interim, the board of directors has named the Comp
Jan 16, 2020 06:00 am ET
MedMen to Announce Second Quarter Fiscal 2020 Financial Results on February 26, 2020
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) plans to release its financial results for the second quarter fiscal 2020 ended December 28, 2019 after market close on Wednesday, February 26, 2020.
Jan 14, 2020 04:06 pm ET
MedMen Announces Closing of Secured Term Loan Amendment and Equity Placement
MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) (“MedMen” or the “Company”), a leading cannabis retailer with operations across the U.S., today announced the execution and closing of definitive documentation for the previously announced amendments to the terms and conditions of the US$78 million senior secured term loan (“October 2018 Loan”) with funds managed by Stable Road Capital and its affiliates (the “Term Loan Lenders”) and the closing of its previously announced US$20 million offering of Class B Subordinate Voting Shares (“Equity Placement”)
Jan 10, 2020 05:48 pm ET
MedMen Presents ‘New Year, New You’
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQB: MMNFF) has partnered with Los Angeles wellness studios Sweat Yoga, LIT Method, Cycle House, Box Union Robertson and Oraya Movement as part of an enhancement of 2020 community programming. The goal of the partnership is to discover synergies between the benefits of wellness and
Dec 30, 2019 12:27 pm ET
Horizons ETFs Rebalances Marijuana-Focused Index ETF Suite
Horizons ETFs has completed its final marijuana ETFs rebalance of 2019
Dec 27, 2019 06:00 am ET
MedMen Provides Update on Sale of Non-Core Assets – Designated News Release
MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) (“MedMen” or the “Company”), a leading cannabis retailer with operations across the U.S., today announced the execution of term sheets for non-core asset sales (“Non-Core Asset Sales”), as well as the execution of definitive subscription agreements for its previously-announced equity placement (the “Equity Placement”). In total, the Non-Core Asset Sales and Equity Placement are expected to generate aggregate gross cash proceeds of approximately US$74 million.
Dec 11, 2019 04:41 pm ET
 MedMen Strengthens Balance Sheet, Provides Updated Guidance and Enhances Corporate Governance
MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) (“MedMen” or the “Company”), a leading cannabis retailer with operations across the U.S., today announced several financial arrangements and corporate updates that will strengthen the Company’s balance sheet and enhance overall corporate governance. Updates include: 1) the execution of financial agreements (“Financing Plan”), which includes US$37 million in financing; 2) an amendment to certain of the Company’s outstanding debt; 3) an expansion of the Company’s corporate SG&A initiatives through a new round of cost
Dec 11, 2019 11:00 am ET
Leading Cannabis Retailer MedMen Implements Onfleet’s Logistics Software to Manage Multi-State Delivery Operations
From the MJBizCon 2019 conference, Onfleet, the fastest-growing provider of last-mile delivery management software, announced that MedMen Enterprises Inc. (CSE: MMEN), a leading cannabis retailer with operations across the U.S., has selected...
Nov 26, 2019 04:05 pm ET
MedMen Reports First Quarter Fiscal 2020 Financial Results – Designated News Release
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) today released its consolidated financial results first quarter 2020 ended September 28, 2019. All financial information in this press release is reported in U.S. dollars, unless otherwise indicated.
Nov 15, 2019 04:00 pm ET
MedMen Announces Layoffs and Overall Plan to Achieve Positive EBITDA
MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) (“MedMen” or the “Company”), a leading cannabis retailer with operations across the U.S., today announced a strategic plan (the “Plan”) to achieve its target of positive EBITDA by the end of calendar year 2020. The 90-day plan will focus on five key objectives: 1) focusing on core markets, while divesting non-core assets; 2) reducing corporate SG&A; 3) driving asset-level EBITDA; 4) limiting cash outlays for the next 12 months; and 5) reinvesting in the Company’s employees and culture. MedMen believes the Company ca
Nov 11, 2019 06:00 am ET
MedMen Opens in Sarasota, Florida
MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) (“MedMen” or the “Company”), a leading cannabis retailer with operations across the U.S., announces the opening of its latest Florida location in the city of Sarasota. This is the eighth of 12 locations MedMen plans to open in Florida this calendar year. The Company is licensed for up to 35 retail locations in the state.
Oct 30, 2019 06:00 am ET
MedMen to Announce First Quarter Fiscal 2020 Financial Results on November 26, 2019
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) plans to release its financial results for the first quarter fiscal 2020 ended September 28, 2019 after market close on Tuesday, November 26, 2019.
Oct 29, 2019 06:00 am ET
MedMen Announces Additional Amendments to Gotham Green Facility – Designated News Release
MedMen Enterprises Inc. (CSE:MMEN) (OTCQX:MMNFF) (“MedMen” or the “Company”) is pleased to announce certain amendments to its US$250,000,000 senior secured convertible credit facility (the “Facility”) arranged by Gotham Green Partners.
Oct 28, 2019 04:15 pm ET
MedMen Reports Fourth Quarter and Fiscal Year 2019 Financial Results - Designated News Release
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) today released its consolidated financial results for fourth quarter and fiscal year ended June 29, 2019. All financial information in this press release is reported in U.S. dollars, unless otherwise indicated.
Oct 25, 2019 06:00 am ET
MedMen Opens Two New Locations in Florida
MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) (“MedMen” or the “Company”), a leading cannabis retailer with operations across the U.S., today announces the opening of two new locations in the state of Florida: Central Orlando and Tallahassee. The Company now has seven operational stores in Florida, with five additional store openings in the state planned for the remainder of the calendar year. The Company is licensed for 35 retail locations in the state.
Oct 15, 2019 06:00 am ET
MedMen Announces Fifth Florida Store Opening in Jacksonville Beach
MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) (“MedMen” or the “Company”), a leading cannabis retailer with operations across the U.S., today announced the opening of its new location in Jacksonville Beach, Florida. This is the fifth of 12 locations MedMen plans to open in Florida this calendar year. The Company is licensed for up to 35 retail locations in the state.
Oct 11, 2019 06:00 am ET
MedMen Congratulates Board Member Stacey Hallerman on New Role at Lowell Herb Co.
MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) (“MedMen” or the “Company”), a leading cannabis retailer with operations across the U.S., today announced that Stacey Hallerman has resigned from the Company's Board of Directors, effective immediately. Ms. Hallerman has left her position on MedMen's Board to assume the role of Chief Administrative Officer and General Counsel at Lowell Herb Co. ("Lowell").
Oct 08, 2019 06:00 am ET
MedMen Announces Termination of Merger Agreement With PharmaCann and Management Changes
MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) (“MedMen” or the “Company”), a leading cannabis retailer with operations across the U.S., today announced the mutual agreement to terminate the Business Combination Agreement dated December 23, 2018, pursuant to which MedMen was to acquire PharmaCann, LLC (“PharmaCann”) in an all-stock transaction (“Transaction”). In light of market developments over the past 12 months and the continued evolution of its business strategy, MedMen and its Board have determined that focusing on leveraging the Company’s retail br
Oct 07, 2019 06:00 am ET
MedMen to Announce Fourth Quarter and Fiscal Year 2019 Financial Results on October 28, 2019
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) plans to release its financial results for the fourth quarter and fiscal year 2019 ended June 29, 2019 after market close on Monday, October 28, 2019.
Sep 24, 2019 06:00 am ET
MedMen Continues Florida Expansion With Three New Store Openings
MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) (“MedMen” or the “Company”), a leading cannabis retailer with operations across the U.S., today announces the opening of three new locations in the state of Florida: St. Petersburg, Key West and Pensacola. The Company now has four operational stores in Florida, with eight additional store openings in the state planned for the remainder of the calendar year. The Company is licensed for 35 retail locations in the state.
Sep 16, 2019 06:00 am ET
MedMen Launches Delivery in Nevada
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) announces the launch of delivery from all Nevada locations, bringing the Company’s industry-leading retail experience to the consumer at home. With over 300 products, MedMen’s delivery service is the most robust of its kind. The Company first launched the service last month in Californi
Sep 10, 2019 06:00 am ET
MedMen Announces Expiration of HSR Waiting Period for Proposed Acquisition of PharmaCann
MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) (“MedMen” or the “Company”), a leading cannabis retailer with operations across the U.S., today announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (“HSR Act”), has expired with respect to the proposed acquisition of PharmaCann, LLC (“PharmaCann”) (the “Transaction”). The expiration of the waiting period under the HSR Act satisfies one condition needed to close the Transaction, which is expected to be completed by the end of calendar year 2019, subject to customary c
Sep 04, 2019 06:00 am ET
MedMen Completes Previously Announced Acquisition of Long Beach Retailer
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) is pleased to announce that it has closed its previously announced acquisition (the “Acquisition”) of MattnJeremy, Inc. d/b/a One Love Beach Club (“One Love”). This acquisition further enhances MedMen’s California footprint by adding a premier location strategically situated between the existing Santa Ana and LAX stores.
Aug 19, 2019 06:00 am ET
MedMen Launches Delivery Services Across California
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), announces the launch of statewide delivery service in California, bringing the Company’s industry-leading retail experience to the consumer at home. With over 400 products, MedMen’s new delivery service is the most robust of its kind. The Company will initially focus on Ca
Aug 13, 2019 06:00 am ET
MedMen Announces Preliminary Fourth Quarter 2019 Systemwide Revenue Results and Provides Additional Corporate Updates
MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) (“MedMen” or the “Company”), a leading cannabis retailer with operations across the U.S., today announced unaudited systemwide revenue figures for the fiscal fourth quarter 2019, which ended on June 29, 2019. The Company also provided an update on several corporate initiatives, including efforts to optimize SG&A and raise capital, the status of the pending PharmaCann transaction and retail store expansion. The Company plans to announce financial results for Fiscal 2019 after market close on October 28, 2019.
Jul 11, 2019 05:47 pm ET
MedMen Announces Smokable Flower Now Available in West Palm Beach
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQB: MMNFF), announced today that MedMen pre-roll singles and multipacks are available for purchase at its recently-opened West Palm Beach location. Available strains include “White Widow,” “Bubblegum OG,” and “Dr Who.”
Jul 10, 2019 06:00 am ET
MedMen Announces Increased Commitment From Gotham Green Partners
MedMen Enterprises Inc. (CSE:MMEN) (OTCQX:MMNFF) (“MedMen” or the “Company”) is pleased to announce that it has signed a binding term sheet in respect of certain amendments to the definitive agreements for the up to US$250,000,000 senior secured convertible credit facility (the “Facility”) led by Gotham Green Partners, an investor in the global cannabis industry. Concurrent to the amendments, Gotham Green Partners, with participation from Wicklow Capital, has agreed to an additional US$30,000,000 equity commitment, bringing the total financing commitment to US$280,0
Jul 03, 2019 06:00 am ET
MedMen Launches Partnership with Epilepsy Florida
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) today announced a partnership with Epilepsy Florida, the principal agency overseeing epilepsy programs and services sponsored by the State of Florida. The organization serves over 400,000 Floridians who suffer from the condition and is the premier source of information for epilepsy and
Jun 25, 2019 11:36 am ET
Illinois Governor Signs Landmark Cannabis Legalization; MedMen Well-Positioned to Serve Market
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) applauds Illinois Governor J.B. Pritzker’s enactment of adult use cannabis legalization.
Jun 20, 2019 06:00 am ET
MedMen Continues Northern California Retail Expansion into City of Vallejo
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) announced today plans to open a retail cannabis store in the Northern California city of Vallejo. This will be MedMen’s fourth planned retail store in Northern California, joining locations in Emeryville, San Jose and Seaside. It will also be the Company’s 15th retail store in the state of California. MedMen will be acquiring the license for both retail and distribution through a definitive agreement signed with Enhanced Energies Inc.
Jun 14, 2019 06:00 am ET
MedMen Announces Florida Expansion, Opens First Location in West Palm Beach
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) today announced its expansion into Florida with the opening of a retail location in West Palm Beach at 539 Clematis Street. MedMen expects retail locations in Key West and Orlando to follow.
Jun 07, 2019 01:21 pm ET
MedMen Partners with Equality California for Pride Month
MedMen Enterprises, Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) (FSE: A2JM6N) is pleased to partner with Equality California, the largest statewide LGBTQ civil rights organization. During the month of June at all California stores, MedMen will donate 15% of proceeds from limited-edition Pride products to adva
Jun 07, 2019 08:00 am ET
MedMen Awarded Pasadena Commercial Retail License
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) (FSE: A2JM6N) today announced that the City of Pasadena has awarded the Company one of six commercial retail and delivery licenses (subject to obtaining properly zoned real estate and a Conditional Use Permit), further enhancing its industry-leading
Jun 06, 2019 09:01 pm ET
MedMen Expands Market Share in California with Acquisition of Long Beach Retailer
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) announced that it has signed a definitive agreement to acquire a 100% stake in MattnJeremy, Inc. LLC d/b/a One Love Beach Club (“One Love”). The acquisition further enhances MedMen’s industry-leading California footprint, adding a premier location st
Jun 06, 2019 06:00 am ET
Litigious Investors Dismiss Faulty Court Action Against MedMen
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) announced today that Brent Cox, Omar Mangalji, and the Inception Companies, through their affiliate, MMMG-MC, voluntarily dismissed their frivolous lawsuit against MedMen and its related companies, as well as its co-founders Adam Bierman and Andrew M
Jun 04, 2019 06:00 am ET
MedMen to Present at the Piper Jaffray 39th Annual Consumer Marketplace Conference
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) today announced that Zeeshan Hyder, MedMen chief corporate development officer, will participate in a panel titled “Connecting with U.S. Consumers: Retail and Online Delivery Panel” at the Piper Jaffray 39th Annual Consumer Marketplace Conference on Thursday, June 6th at 11:00 AM Eastern at the Pierre Hotel in New York.
May 29, 2019 04:05 pm ET
MedMen Reports Third Quarter Fiscal Year 2019 Financial Results
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) today released its consolidated financial results for the third quarter of fiscal 2019. All financial information for the 13 week period ended March 30, 2019 is reported in U.S. dollars, unless otherwise indicated.
May 23, 2019 06:00 am ET
MedMen and Gotham Green Partners Close Additional Funding Tranche - Designated News Release
MedMen Enterprises Inc. (CSE:MMEN) (OTCQX:MMNFF) (FSE: A2JM6N) (“MedMen” or the “Company”) is pleased to announce that, further to its press release dated April 23, 2019, MedMen has been advanced an additional US$80,000,000 in gross proceeds pursuant to the US$250,000,000 secured convertible credit facility (the “Facility”) with Gotham Green Partners, an investor in the global cannabis industry.
Apr 25, 2019 06:00 am ET
MedMen Announces Opening of 11th Store in California with Second San Diego Location
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) (FSE: A2JM6N) is pleased to announce the opening of its Sorrento Valley store in San Diego, California. This is the second MedMen location in the San Diego area and the Company’s 11th operational MedMen location in California.
Apr 23, 2019 09:00 am ET
MedMen Enters Into Definitive Documentation for US$250 Million Investment From Gotham Green Partners and Closes Initial Funding Tranche
LOS ANGELES, April 23, 2019 /CNW/ - MedMen Enterprises Inc. (CSE:MMEN) (OTCQX:MMNFF) (FSE: A2JM6N) ("MedMen" or the "Company"), is pleased to announce that, further to its press release dated March 22, 2019, it has entered into definitive agreements in respect of a US$250,000,000 secured convertible credit facility (the "Facility") with Gotham Green Partners, an investor in the global cannabis industry.
Apr 23, 2019 09:00 am ET
MedMen Enters Into Definitive Documentation for US$250 Million Investment From Gotham Green Partners and Closes Initial Funding Tranche
LOS ANGELES, April 23, 2019 /PRNewswire/ - MedMen Enterprises Inc. (CSE:MMEN) (OTCQX:MMNFF) (FSE: A2JM6N) ("MedMen" or the "Company"), is pleased to announce that, further to its press release dated March 22, 2019, it has entered into definitive agreements in respect of a US$250,000,000 secured convertible credit facility (the "Facility") with Gotham Green Partners, an investor in the global cannabis industry.
Apr 19, 2019 09:51 am ET
MedMen Announces Executive Management Update
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) (FSE: A2JM6N) is pleased to announce that during its fiscal quarter ended March 30, 2019 the Company named Ryan Lissack Chief Technology Officer. Mr. Lissack is a seasoned technology executive with over 20 years of experience. In addition, the Company has accepted the resignations of Ben Cook, Chief Operating Officer, and Lisa Sergi, General Counsel and a member of the MedMen Board of Directors.
Apr 17, 2019 06:00 am ET
MedMen to Announce Third Quarter Fiscal 2019 Financial Results on May 29th, 2019
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) (FSE: A2JM6N) plans to release its financial results for the third quarter fiscal 2019 which ended on March 30th, 2019 after market close on May 29th, 2019.
Apr 15, 2019 06:00 am ET
MedMen Releases Preliminary Third Quarter 2019 Systemwide Revenue Results - Designated News Release
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) (FSE: A2JM6N) announced today unaudited systemwide revenue for its fiscal 2019 third quarter ended March 30, 2019. Across the Company’s operations in California, Nevada, New York, Arizona and Illinois, systemwide revenue was US$36.6 million (CA$48.8
Apr 10, 2019 04:24 pm ET
MedMen Enterprises Establishes At-the-Market Equity Financing Program
/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/
Apr 01, 2019 07:00 am ET
MedMen Continues Northern California Retail Expansion
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) (FSE: A2JM6N) announced today closing its acquisition (the “Acquisition”) of licensed cannabis retailer Sugarleaf Trading Co., located in the Northern California city of Seaside. This will be MedMen’s third retail store in Northern California.
Mar 28, 2019 07:59 am ET
MedMen Enterprises Files Final Base Shelf Prospectus
/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/
Mar 22, 2019 06:00 am ET
MedMen Announces US$250 Million Investment From Gotham Green Partners
MedMen Enterprises Inc. (CSE:MMEN) (OTCQX:MMNFF) (FSE: A2JM6N) (“MedMen” or the “Company”), is pleased to announce that it has signed a binding term sheet for a senior secured convertible credit facility of up to US$250,000,000 (the “Facility”) from funds managed by Gotham Green Partners (“GGP” or the “Investor”), an investor in the global cannabis industry. Management believes this is the largest investment to date by a single investor in a publicly traded cannabis company with U.S. operations.
Mar 14, 2019 07:00 am ET
MedMen Announces Completion of Sale of Two Properties to Cannabis REIT
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) (FSE: A2JM6N) today announced that it has completed the sale of two properties to Treehouse Real Estate Investment Trust, Inc. (“Treehouse”) with gross proceeds of approximately $33.5 million and net proceeds of approximately $30.6 million after rep
Mar 13, 2019 07:00 am ET
MedMen Co-Founder and Chief Executive Officer Adam Bierman to Present at the 31st Annual ROTH Conference
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) (FSE: A2JM6N), today announced that Adam Bierman, MedMen chief executive officer and co-founder, will present at the 31st Annual ROTH Conference on March 19, 2019, at 11:00AM PST at The Ritz Carlton in Laguna Niguel, California.
Mar 12, 2019 07:00 am ET
SXSW 2019 to Feature MedMen Co-Founder & CEO Adam Bierman
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) (FSE: A2JM6N) today announces that Adam Bierman, CEO and Co-Founder, will participate in a featured session at South by Southwest® (“SXSW®”), the annual film, culture, music and technology event in Austin, Texas on Thursday, March 14 at 12:30 PM Central Time at the Hilton Austin.
Mar 04, 2019 07:58 pm ET
MedMen Comments on Recent Market Activity
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) (FSE: A2JM6N) wishes to make the following statement regarding recent market activity in its Class B Subordinate Voting Shares traded on the OTCQX marketplace.
Feb 27, 2019 04:05 pm ET
MedMen Reports Second Quarter Fiscal Year 2019 Financial Results
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) (FSE: A2JM6N) today released its consolidated financial results for the second quarter of fiscal 2019. All financial information for the 13-week period ended December 29, 2018 is reported in U.S. dollars, unless otherwise indicated.
Feb 25, 2019 07:00 am ET
MedMen’s New Commercial Chronicles the History of American Cannabis from Counterculture to Just Culture
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) (FSE: A2JM6N) rewrote history yesterday with the debut of a disruptive new commercial that chronicles the American history of cannabis. Supported by the most expansive integrated marketing campaign the company has executed to date, The New Normal
Feb 13, 2019 07:00 am ET
MedMen Completes Previously Announced Acquisition of Vertically-Integrated Arizona Operator
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) (FSE: A2JM6N) is pleased to announce that it has closed its previously announced acquisition (the “Acquisition”) of Kannaboost Technology Inc. and CSI Solutions LLC, collectively referred to as “Level Up,” two vertically-integrated operations in Arizona. The acquisition includes retail locations in Scottsdale and Tempe, as well as 25,000 square feet of cultivation and production capacity in Tempe and Phoenix. The acquisition also includes a 40 percent stake in
Feb 08, 2019 07:00 am ET
MedMen Completes Previously Announced Acquisition of Illinois Dispensary
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) (FSE: A2JM6N) is pleased to announce that it has closed its previously announced acquisition (the “Acquisition”) of Seven Point, a licensed medical cannabis dispensary located in the historic Chicago suburb of Oak Park, Illinois.
Feb 07, 2019 12:48 pm ET
CORRECTION: CBD Market Could Outpace Entire Marijuana Market
PALM BEACH, Florida, Feb. 7, 2019 /CNW/ -- In the horse race to revenues, it seems that CBD infused products market may outpace the cannabis market, with the passage of the 2018 Farm Bill kicking it ahead across the finish line! A report from a cannabis industry analyst, as reported in The Rolling Stone magazine, says: "For years, experts have predicted that if the cannabis industry expands at its current rate, the American market will reach $20 billion by 2020. But it turns out that one market is spinning off into a mega-industry of its own: according to a new estimate from cannabis industr
Feb 07, 2019 12:48 pm ET
CORRECTION: CBD Market Could Outpace Entire Marijuana Market
PALM BEACH, Florida, Feb. 7, 2019 /PRNewswire/ -- In the horse race to revenues, it seems that CBD infused products market may outpace the cannabis market, with the passage of the 2018 Farm Bill kicking it ahead across the finish line! A report from a cannabis industry analyst, as reported in The Rolling Stone magazine, says: "For years, experts have predicted that if the cannabis industry expands at its current rate, the American market will reach $20 billion by 2020. But it turns out that one market is spinning off into a mega-industry of its own: according to a new estimate from cannabis
Feb 07, 2019 07:00 am ET
MedMen Announces Completion of Real Estate Sale to Cannabis REIT
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) (FSE: A2JM6N) today announced that it has completed the sale of three properties to Treehouse Real Estate Investment Trust (“Treehouse”) with a net proceeds of approximately $18.4 million.
Feb 04, 2019 08:00 am ET
The Cannabis “Land Grab” in the US and Canada; A New Gold Rush
Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot looking at the cannabis “land grab” happening in the US and Canada as companies focus on increasing their real estate footprint. A recent...
Feb 01, 2019 07:00 am ET
MedMen to Announce Second Quarter Fiscal 2019 Financial Results on February 27, 2019
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) (FSE: A2JM6N) plans to release its financial results for the second quarter fiscal 2019, which ended on December 29, 2018, after market close on February 27, 2019.
Jan 25, 2019 10:11 pm ET
MedMen Opportunity Fund II, LP Distributes to Partners Shares Redeemable for Class B Subordinate Voting Shares of MedMen Enterprises Inc.
MedMen Opportunity Fund II, LP (the “Securityholder”), located at 10115 Jefferson Blvd, Culver City, CA 90232, announced today that it disposed of today, by way of distribution in accordance with its constating documents to the partners of the Securityholder, 55,774,145 Class B Common Shares (“Class B Shares”) of MM Can USA, Inc. (“PC Corp”), a subsidiary of MedMen Enterprises Inc. (the “Issuer”), which is located at 10115 Jefferson Blvd, Culver City, CA 90232.
Jan 25, 2019 10:09 pm ET
MedMen Opportunity Fund, LP Distributes to Partners Shares Redeemable for Class B Subordinate Voting Shares of MedMen Enterprises Inc.
MedMen Opportunity Fund, LP (the “Securityholder”), located at 10115 Jefferson Blvd, Culver City, CA 90232, announced today that it disposed of today, by way of distribution in accordance with its constating documents to the partners of the Securityholder, 83,592,494 Class B Common Shares (“Class B Shares”) of MM Can USA, Inc. (“PC Corp”), a subsidiary of MedMen Enterprises Inc. (the “Issuer”), which is located at 10115 Jefferson Blvd, Culver City, CA 90232.
Jan 17, 2019 07:30 am ET
MedMen Releases Preliminary Second Quarter 2019 Systemwide Revenue Results
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) (FSE: A2JM6N) announced today unaudited systemwide revenue for its fiscal 2019 second quarter ended December 29, 2018. Across the Company’s operations in California, Nevada, New York and Arizona, systemwide revenue was US$29.9 million (CA$39.7 millio
Jan 09, 2019 03:06 pm ET
MedMen Enterprises Releases Response to ‘Shareholder Lawsuit’
On January 8th, two early investors in MMMG, LLC, a precursor company to MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) (FSE: A2JM6N) filed a complaint in Los Angeles Superior Court alleging unfair treatment regarding the disposition of their investment in MMMG.
Dec 24, 2018 06:00 am ET
MedMen Signs Definitive Agreement for the Acquisition of PharmaCann
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) (FSE: A2JM6N) and Chicago-based PharmaCann, LLC (“PharmaCann”) are pleased to announce that, further to the binding letter of intent in respect of a business combination transaction announced on October 11, 2018, they have entered into a definitive b
Dec 11, 2018 06:00 am ET
MedMen Announces Closing of San Francisco Bay Area Dispensary Acquisition
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) (FSE: A2JM6N) is pleased to announce that it has closed its previously announced acquisition (the “Acquisition”) of a dispensary license in Emeryville, California from B12, LLC.
Dec 07, 2018 06:00 am ET
Adam Bierman Acquires Class B Subordinate Voting Shares of MedMen Enterprises Inc.
Adam Bierman (the “Acquiror”), the Chief Executive Officer and a director of MedMen Enterprises Inc. (the “Issuer”), each of the Acquiror and the Issuer being located at 10115 Jefferson Blvd, Culver City, CA 90232, announced today that on December 6, 2018 he acquired on the Canadian Securities Exchange 342,660 Class B Subordinate Voting Shares of the Issuer (the “Acquired Shares”) at an average price of C$3.905 per Acquired Share, for aggregate consideration of C$1,338,087.
Dec 07, 2018 06:00 am ET
Andrew Modlin Acquires Class B Subordinate Voting Shares of MedMen Enterprises Inc.
Andrew Modlin (the “Acquiror”), the President and a director of MedMen Enterprises Inc. (the “Issuer”), each of the Acquiror and the Issuer being located at 10115 Jefferson Blvd, Culver City, CA 90232, announced today that on December 6, 2018 he acquired on the Canadian Securities Exchange 335,815 Class B Subordinate Voting Shares of the Issuer (the “Acquired Shares”) at an average price of C$3.901 per Acquired Share, for aggregate consideration of C$1,310,014.
Dec 06, 2018 06:00 am ET
MedMen Appoints Veteran Retail Finance Executive as Chief Financial Officer
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) (FSE: A2JM6N) announced today the hiring of Michael W. Kramer, a veteran finance executive with a proven track record at retailers such as Apple Inc., Abercrombie & Fitch and Forever 21, as Chief Financial Officer.
Dec 05, 2018 08:46 am ET
MedMen Enterprises Inc. Announces Closing of Its C$75 Million Bought Deal Financing
/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/
Dec 05, 2018 06:00 am ET
MedMen Opens First Store in Arizona
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) (FSE: A2JM6N) today announced that it has completed its acquisition of Omaha Management Services, LLC, for control of Monarch, a Scottsdale, Arizona-based licensed medical cannabis license holder with dispensary, cultivation and processing operations
Nov 29, 2018 04:02 pm ET
MedMen Reports First Quarter Fiscal Year 2019 Financial Results
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) (FSE: A2JM6N), today released its consolidated financial results for the first quarter of fiscal 2019. All financial information for the three-month period ended September 30, 2018 is reported in U.S. dollars, unless otherwise indicated.
Nov 19, 2018 03:41 pm ET
IIROC Trade Resumption - MMEN
VANCOUVER, Nov. 19, 2018 /CNW/ - Trading resumes in:
Nov 19, 2018 02:42 pm ET
MedMen Receives Receipt for Preliminary Prospectus
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
Nov 19, 2018 06:00 am ET
Cannabis for Christmas: MedMen’s Magazine EMBER Volume 3 In Stores Now
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) (FSE: A2JM6N) today released the third installment and first holiday issue of EMBER, the ultimate cannabis and culture journal. EMBER is available as a gift with purchase at all MedMen stores and for sale at Barnes & Noble stores nation
Nov 16, 2018 10:47 pm ET
MedMen Announces Update to Bought Deal Financing
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
Nov 16, 2018 12:07 pm ET
IIROC Trading Halt - MMEN; MMEN.WT
VANCOUVER, Nov. 16, 2018 /CNW/ - The following issues have been halted by IIROC:
Nov 16, 2018 09:34 am ET
Captor Capital Sells Orange County Retail Location to MedMen
Captor Capital Corp. (“Captor” or the “Company”) (CSE:CPTR; FRANKFURT:NMV; USOTC:NWURF) has signed a definitive agreement (“the Agreement”) to sell the retail operations and license for a dispensary location in Santa Ana, California, through an...
Nov 16, 2018 06:00 am ET
MedMen Acquires License and Assets of Managed Store in Orange County, California
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) (FSE: A2JM6N) has signed a definitive agreement (the “Agreement”) to acquire the retail operations and license for a location in Santa Ana, California, through an all-stock transaction with Captor Capital Corp. (CSE: CPTR). The store is currently Med
Nov 16, 2018 06:00 am ET
MedMen Appoints Jim Miller as Interim CFO
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) (FSE: A2JM6N) announced today that Chief Financial Officer James Parker resigned, and that Jim Miller, the Company’s vice president of accounting, has been appointed interim chief financial officer until Parker’s successor is named.
Nov 13, 2018 09:46 am ET
New Green Frontier 2018; Gravitas Financial Inc.’s inaugural cannabis investor conference announces Gene Simmons as keynote speaker
Today, New Green Frontier, an invite-only, cannabis investor conference, is pleased to announce that Gene Simmons, legendary rock star, Chief Evangelist Officer of Invictus-MD (TSXV: GENE, OTC: IVITF) will be the keynote speaker for this year's...
Nov 09, 2018 06:12 am ET
MedMen Enters Into $120 Million Bought Deal Equity Financing
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
Nov 01, 2018 06:00 am ET
MedMen Expands Its Presence in Arizona
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) (FSE: A2JM6N) announced today that it has signed a definitive agreement (the “Agreement”) to acquire control of Kannaboost Technology Inc. and CSI Solutions LLC, collectively referred to as “Level Up,” in a cash and stock transaction valued at $33,000
Oct 30, 2018 02:46 pm ET
MedMen to Announce First Quarter Fiscal 2019 Financial Results on November 29, 2018
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) (FSE: A2JM6N) plans to release its financial results for the first quarter fiscal 2019 ended September 30, 2018 after market close on November 29, 2018.
Oct 25, 2018 06:00 am ET
MedMen Reports Fourth Quarter and Fiscal Year 2018 Financial Results
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) (FSE: A2JM6N), today released its consolidated financial results for the fourth quarter and fiscal year 2018 ended June 30, 2018. All financial information in this press release is reported in US dollars, unless otherwise indicated.
Oct 24, 2018 07:30 am ET
Cross Border Cannabis Related Stock Listings on the Rise; Aurora Cannabis, Cronos Group, DirectView Holdings (OTC: DIRV), MedMen Enterprises
Investorideas.com, a leading investor news resource covering security and cannabis stocks, releases a snapshot looking at the growing trend of U.S. listed cannabis-related companies listing in Canada and alternatively, some of Canada’s leading TSX...
Oct 24, 2018 07:00 am ET
OTC Markets Group Welcomes MedMen Enterprises Inc. to OTCQX
NEW YORK, Oct. 24, 2018 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced MedMen Enterprises Inc. (CSE: MMEN; OTCQX: MMNFF; FSE: A2JM6N), one of the largest cannabis companies in the U.S., has qualified to trade on the OTCQX® Best Market.  MedMen Enterprises upgraded to the OTCQX Best® Market from the OTCQB® Venture Market.
Oct 24, 2018 06:00 am ET
MedMen Begins Trading on OTCQX® Best Market
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) (FSE: A2JM6N) announced that it has qualified to trade on the OTCQX® Best Market by OTC Markets Group under the ticker symbol MMNFF effective today.
Oct 23, 2018 06:00 am ET
MedMen Completes Investment in Popular California-Based Flower Brand Old Pal
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQB: MMNFF) (FSE: A2JM6N) announced today it has completed a minority investment in Old Pal, a popular California-based brand that provides every day, high-quality cannabis flower for its customers.
Oct 22, 2018 10:00 pm ET
MedMen Revises Real Estate Assets Sale
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQB: MMNFF) (FSE: A2JM6N) today announced that it has revised a previously announced agreement to sell a portion of its real estate assets. MedMen previously announced that it would sell three properties to newly formed Treehouse Real Estate Investment Trust, Inc