MMEN.CN - MedMen Enterprises Inc.
| Previous Close | 3.7700 |
| Open | 3.7700 |
| Bid | 3.76 x 0 |
| Ask | 3.80 x 0 |
| Day's Range | 3.7000 - 3.8300 |
| 52 Week Range | 1.2504 - 9.8800 |
| Volume | 1,289,620 |
| Avg. Volume | 1,132,607 |
| Market Cap | 1.762B |
| Beta (3Y Monthly) | 0.66 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -1.48 |
| Earnings Date | Feb 27, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
- Business Wire•4 days ago
MedMen Completes Previously Announced Acquisition of Vertically-Integrated Arizona Operator
MedMen Enterprises Inc. is pleased to announce that it has closed its previously announced acquisition of Kannaboost Technology Inc.
- Business Wire•9 days ago
MedMen Completes Previously Announced Acquisition of Illinois Dispensary
MedMen Enterprises Inc. is pleased to announce that it has closed its previously announced acquisition of Seven Point, a licensed medical cannabis dispensary located in the historic Chicago suburb of Oak Park, Illinois.
- Business Wire•10 days ago
MedMen Announces Completion of Real Estate Sale to Cannabis REIT
MedMen Enterprises Inc. (“MedMen” or the “Company”) (MMEN.CN) (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.
Bloomberg•11 days agoLegalization May Come Soon. Who Will Wear the Cannabis Crown?
“We believe successful brands can emerge in the US, likely built on product differentiation, but in early stages of a new industry, it can be hard to identify long-term winners, ” analyst Michael Lavery wrote in a note to clients. Lavery predicts the legalization of cannabis and products with THC may come in the next two to five years. Lowell is currently the leader of pre-rolled joints in California, with 35 percent market share.
- GlobeNewswire•13 days ago
The Cannabis “Land Grab” in the US and Canada; A New Gold Rush
NEW YORK and DELTA, British Columbia, Feb. 04, 2019 -- Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot looking at the.
- Business Wire•16 days ago
MedMen to Announce Second Quarter Fiscal 2019 Financial Results on February 27, 2019
MedMen Enterprises Inc. 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.
- Business Wire•22 days ago
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. Pursuant to the articles of incorporation of PC Corp and the Support Agreement dated as of May 28, 2018 between the Issuer, PC Corp and MM Enterprises USA, LLC (the “LLC”), and subject to the terms and conditions thereof, such distributed Class B Shares (the “Distributed Shares”) may be redeemed from time to time by the holders thereof for cash or an equivalent number of Class B Subordinate Voting Shares (the “Subordinate Voting Shares”) of the Issuer, with the form of such redemption consideration being at the option of PC Corp.
- Business Wire•22 days ago
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. Pursuant to the articles of incorporation of PC Corp and the Support Agreement dated as of May 28, 2018 between the Issuer, PC Corp and MM Enterprises USA, LLC (the “LLC”), and subject to the terms and conditions thereof, such distributed Class B Shares (the “Distributed Shares”) may be redeemed from time to time by the holders thereof for cash or an equivalent number of Class B Subordinate Voting Shares (the “Subordinate Voting Shares”) of the Issuer, with the form of such redemption consideration being at the option of PC Corp.
- Business Wire•last month
MedMen Releases Preliminary Second Quarter 2019 Systemwide Revenue Results
MedMen Enterprises Inc. announced today unaudited systemwide revenue for its fiscal 2019 second quarter ended December 29, 2018.
- Business Wire•last month
MedMen Enterprises Releases Response to ‘Shareholder Lawsuit’
(“MedMen” or the “Company”) (MMEN.CN) (MMNFF) (FSE:A2JM6N) filed a complaint in Los Angeles Superior Court alleging unfair treatment regarding the disposition of their investment in MMMG. Today, a Los Angeles Superior Court denied a request from the plaintiffs for a temporary restraining order and a preliminary injunction. The plaintiffs alleged that they are being unfairly prevented from cashing out of their interest in MMMG, which currently holds approximately 179 million shares that are redeemable and exchangeable on a one-for-one basis for Class B Subordinate Voting Shares of MedMen Enterprises Inc. The shares are locked up, thus prevented from trading in the open markets, until November 25, 2019.
- Market Exclusive•2 months ago
Medmen Enterprises Restructures Business To Increase Cannabis License Portfolio
Medmen Enterprises Inc (OTCMKTS:MMNFF) has signed a definitive business combination agreement with PharmaCann, LLC. According to the agreement, the combined company will go by a new name, New MedMen. Particularly, the new company will take control of all securities offered by ParmaCann. In exchange, PharmaCann will assume subordinate voting shares in the newly formed company. In […] The post Medmen Enterprises Restructures Business To Increase Cannabis License Portfolio appeared first on Market Exclusive.
- Business Wire•2 months ago
MedMen Signs Definitive Agreement for the Acquisition of PharmaCann
LOS ANGELES-- -- MedMen will undertake a re-organization whereby a new holding company will acquire each of MedMen and PharmaCann. The acquisition doubles the number of states where MedMen has licenses to 12. The combined addressable market in these 12 states accounts for over 50 percent of the total estimated 2030 U.S. addressable market of $75 billion, according to Cowen Group. Combined, MedMen and ...
- ACCESSWIRE•2 months ago
Marijuana Stocks Gain Attention As Cannabis Industry Jobs Grow
/ The marijuana industry and marijuana stocks for that matter have been getting a lot of attention lately and it has begun to translate into new job growth. According to a new report from Vangst, a recruitment and job placement agency focused on the cannabis industry, these are some of the most popular jobs right now are legal cannabis cultivation and retail sales management. In addition to this, the cannabis industry is projected to grow by 220% in 2019 alone, according to the report.
- Business Wire•2 months ago
MedMen Announces Closing of San Francisco Bay Area Dispensary Acquisition
MedMen Enterprises Inc. is pleased to announce that it has closed its previously announced acquisition of a dispensary license in Emeryville, California from B12, LLC.
- Business Wire•2 months ago
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. Prior to this transaction, Mr. Bierman held 3,956,324 Class B Common Shares (the “PC Corp Class B Shares”) of MM Can USA, Inc. (“PC Corp”), a subsidiary of the Issuer, 9,661,939 LTIP Units of MM Enterprises USA, LLC (the “LLC”), a subsidiary of PC Corp., and 815,295 Class A Super Voting Shares of the Issuer.
- Business Wire•2 months ago
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. Prior to this transaction, Mr. Modlin held 3,956,324 Class B Common Shares (the “PC Corp Class B Shares”) of MM Can USA, Inc. (“PC Corp”), a subsidiary of the Issuer, 9,661,939 LTIP Units of MM Enterprises USA, LLC (the “LLC”), a subsidiary of PC Corp., and 815,295 Class A Super Voting Shares of the Issuer.
- Market Exclusive•2 months ago
Medmen Enterprises Enters Arizona Cannabis Market Through Monarch Dispensary
MedMen Enterprises Inc (CNSX:MMEN) has confirmed that it has closed the acquisition process of Omaha Management Services, LLC’s Monarch Dispensary. Omaha Management Services, a subsidiary of WhiteStar Solutions LLC, operated the Monarch Dispensary which happened to be the first cannabis dispensary of its kind in Scottsdale, Arizona. According to the terms of the agreement, MedMen will […] The post Medmen Enterprises Enters Arizona Cannabis Market Through Monarch Dispensary appeared first on Market Exclusive.
- Business Wire•2 months ago
MedMen Appoints Veteran Retail Finance Executive as Chief Financial Officer
MedMen Enterprises Inc. 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.
- CNW Group•2 months ago
MedMen Enterprises Inc. Announces Closing of Its C$75 Million Bought Deal Financing
("MedMen" or the "Company") (MMEN.CN) (MMNFF) (FSE:A2JM6N) is pleased to announce that it has completed its previously-announced bought deal financing (the "Offering") of 13,640,000 units (the "Units") at a price of C$5.50 per Unit (the "Issue Price") for aggregate gross proceeds of C$75,020,000 . The Offering was conducted by way of a short form prospectus through a syndicate of underwriters led by Canaccord Genuity Corp., as lead underwriter, and including Eight Capital and Cormark Securities Inc. (collectively, the "Underwriters"). Each Unit consists of one Class B Subordinate Voting Share in the capital of the Company and one share purchase warrant of the Company (each, a "Warrant").
- Business Wire•2 months ago
MedMen Opens First Store in Arizona
(“MedMen” or the “Company”) (MMEN.CN) (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. The transaction, with WhiteStar Solutions LLC (“WhiteStar”), included the acquisition of WhiteStar’s exclusive co-manufacturing and licensing agreements with Kiva, Mirth Provisions and HUXTON for the state of Arizona. “As we look to operationalize the acquisitions we have made in recent months, our team has focused on timely and seamless transitions,” said Adam Bierman, MedMen chief executive and co-founder.
- Business Wire•3 months ago
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
- ACCESSWIRE•3 months ago
4 Marijuana Stocks To Watch In The Fourth Quarter Of 2018
CORAL GABLES, FL / ACCESSWIRE / November 20,2018 / Marijuana stocks continue to grab more attention as the broader stock market has seen a strong sell-off this week. According toArcview Market Research and its research partner BDS Analytics, over the next 10 years, the legal cannabis industry is poised for explosive growth. Total expenditure on legal marijuana worldwide is expected to hit $57 billion by 2027.
- CNW Group•3 months ago
MedMen Receives Receipt for Preliminary Prospectus
LOS ANGELES, CA , Nov. 19, 2018 /CNW/ - MedMen Enterprises Inc. (MMEN.CN)(MMNFF) ("MedMen" or the "Company") announces that, further to its press release dated November 16, 2018 , the Company has been issued a receipt by the applicable Canadian securities regulatory authorities for its preliminary prospectus dated November 16, 2018 (the "Preliminary Prospectus") in connection with its offering of 13,640,000 units ("Units"), at a price per Unit of $5.50 , for gross proceeds of $75,020,000 , to be issued and sold on a bought deal basis to a syndicate of underwriters, led by Canaccord Genuity Corp., and including Eight Capital and Cormark Securities Inc. (the "Offering"). Each Unit will be comprised of one Class B Subordinate Voting Share of the Company (each, a "Class B Share") and one Class B Share purchase warrant (each, a "Warrant").
- Business Wire•3 months ago
Cannabis for Christmas: MedMen’s Magazine EMBER Volume 3 In Stores Now
EMBER Launches Editorial Platform at MedMen.com