Tag: MedMen

This Cannabis ETF Is Bouncing

You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to...
- September 26th, 2021 at 10:55 am

MedMen Q4 Revenue Increases 55% to $42 Million

MedMen Reports 55% Year-Over-Year Quarterly Revenue Growth and Second Consecutive Quarter of Growth in Both Revenue and Retail Adjusted EBITDA Company Continues to Execute Against MedMen 2.0 Growth Plan,...
- September 23rd, 2021 at 4:27 pm

Ascend Wellness Borrows $210 Million at 9.5% for Four Years

Ascend Wellness Holdings Announces US$210 Million Senior Debt Financing Four-Year Term Bears Interest at 9.5% Refinances Existing Debt Lowering Cost of Capital Strengthens Balance Sheet to Support Investment Towards...
- August 30th, 2021 at 7:28 am

5 Takeaways From Cannabis Earnings Season

You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to...
- August 22nd, 2021 at 10:51 am

MedMen to Raise $100 Million Selling Units at $0.24

MedMen Announces Backstopped US$100M Equity Investment Led by Serruya Private Equity to Fund Expansion and Transform Balance Sheet LOS ANGELES, August 17, 2021–(BUSINESS WIRE)–MedMen Enterprises Inc. (“MedMen” or the...
- August 17th, 2021 at 4:42 pm

MedMen Q3 Revenue Drops 27% to $32 Million

MedMen Reports Sequential Sales Increase in Third Quarter Fiscal Year 2021 Financial Results Third quarter revenue of $32.0 million, up 3.8% from the previous quarter adjusting for removal of...
- May 11th, 2021 at 5:00 pm

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

MedMen Announces Non-Brokered Private Placement to Fuel Growth in Florida and Other Core Markets LOS ANGELES, March 18, 2021–(BUSINESS WIRE)–MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX:...
- March 18th, 2021 at 9:54 am

MedMen Sells 87% of New York Operations for $73 Million

MedMen Announces Investment from AWH into MedMen’s New York Operations Investment enables MedMen to deleverage balance sheet in accordance with turnaround plan NEW YORK & LOS ANGELES–(BUSINESS WIRE)–MedMen Enterprises...
- February 25th, 2021 at 9:28 pm

MedMen Q1 Revenue Sinks 10% from a Year Ago

MedMen Reports First Quarter Fiscal Year 2021 Financial Results First quarter revenue of $35.6 million, up 31% from the previous quarter Gross margin improved from 40% to 47% sequentially...
- December 7th, 2020 at 5:02 pm

MedMen Q4 Revenue Plunges 40% to $27.4 Million as Losses Mount

MedMen Reports Fourth Quarter and Fiscal Year 2020 Financial Results and Pre-announces First Quarter 2021 Revenue LOS ANGELES, October 15, 2020 –(BUSINESS WIRE)–MedMen Enterprises Inc. (“MedMen” or the “Company”)...
- October 15th, 2020 at 5:04 pm