Tag: MedMen

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

Cannabis Retail Can Create Value

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 20th, 2020 at 10:55 am

Lenders to Advance MedMen Another $20 Million on Onerous Terms

MedMen Announces US$20 Million Financing Commitments – Designated News Release LOS ANGELES, September 16, 2020–(BUSINESS WIRE)–MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a leading cannabis...
- September 16th, 2020 at 5:02 pm

How to Assess Cannabis Operator Intangible Assets

Intangible Assets in the Cannabis Industry – Measuring the Success of Acquisitions Guest Post by Noam Hirschberger, CFA, CVA, Principal, Co-Lead of Cannabis Practice at PKF O’Connor Davies In the...
- July 29th, 2020 at 10:54 am

American Cannabis Operator Stocks Soar 35% in May

Following twelve consecutive monthly declines and then a modest gain in April, the American Cannabis Operator Index extended its rally off of its all-time low set in March, increasing 34.7% to...
- May 31st, 2020 at 12:54 pm