Tag: MedMen

Investors Sue MedMen for Alleged Breach of Fiduciary Duty

One of MedMen’s Largest Outside Shareholders and Former Board Member, an Affiliate of The Inception Companies, Sues MedMen and Alleges Breach of Fiduciary Duty LOS ANGELES, January 08, 2019–(BUSINESS...
- January 8th, 2019 at 10:42 pm

MedMen and PharmaCann Move Forward with Merger Plans

MedMen Signs Definitive Agreement for the Acquisition of PharmaCann MedMen will undertake a re-organization whereby a new holding company will acquire each of MedMen and PharmaCann. The acquisition doubles...
- December 24th, 2018 at 6:18 am

Global Cannabis Stocks Decline 10.0% in November

Cannabis stocks, as measured by the Global Cannabis Stock Index, extended the declines from mid-October, declining 10.0% to 80.32 in November: The index, which has 61 qualifying members after the...
- December 2nd, 2018 at 7:30 pm

American Cannabis Operators Decline 5.8% in November

After getting off to a great start in its inaugural month, the American Cannabis Operator Index ended up declining 5.8% during November: The early run-up in the month was likely tied...
- December 2nd, 2018 at 1:50 pm

MedMen Q1 Sales Grow 1088% to $21.5 Million

MedMen Reports First Quarter Fiscal Year 2019 Financial Results National footprint and solid performance position the Company to operationalize and optimize assets in premium markets Reported revenues of $21.5...
- November 29th, 2018 at 4:26 pm

Why MedMen Revised its $120 Million Capital Raise

California-based multi-state cannabis operator MedMen Enterprises (CSE: MMEN) (OTC: MMNFF), which debuted as a public company in late May, announced on November 9th its second large equity capital raise...
- November 18th, 2018 at 11:18 am

MedMen Substantially Revises Bought Deal

MedMen Announces Update to Bought Deal Financing LOS ANGELES, Nov. 16, 2018 /CNW/ – MedMen Enterprises Inc. (CSE:MMEN)(OTCQX: MMNFF) (“MedMen” or the “Company”) announces that, further to its press...
- November 17th, 2018 at 6:05 am

MedMen to Raise C$120 Million with Sale of Units at C$6.80

MedMen Enters Into $120 Million Bought Deal Equity Financing LOS ANGELES, Nov. 9. 2018 /CNW/ – MedMen Enterprises Inc. (CSE:MMEN)(OTCQX: MMNFF) (“MedMen” or the “Company”), is pleased to announce that it has...
- November 9th, 2018 at 7:34 am

Global Cannabis Stocks Decline 22.3% in October

Cannabis stocks, as measured by the Global Cannabis Stock Index, wiped out the rally from mid-August, declining 22.3% to 88.22 in October: The index, which has 61 qualifying members after...
- November 1st, 2018 at 10:06 pm