MMEN.CN - MedMen Enterprises Inc.

Canadian Sec - Canadian Sec Delayed Price. Currency in CAD
2.9300
-0.0500 (-1.68%)
At close: 3:59PM EDT
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Previous Close2.9800
Open2.9500
Bid2.9300 x 0
Ask2.9600 x 0
Day's Range2.9300 - 3.0600
52 Week Range2.9000 - 9.8800
Volume570,877
Avg. Volume1,080,651
Market Cap1.42B
Beta (3Y Monthly)0.59
PE Ratio (TTM)N/A
EPS (TTM)-1.2200
Earnings DateMay 29, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Business Wire3 days ago

    MedMen and Gotham Green Partners Close Additional Funding Tranche - Designated News Release

    MedMen Enterprises Inc. (MMEN.CN) (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. MedMen has issued to the lenders additional convertible senior secured notes (“Notes”), co-issued by the Company and MM CAN USA, Inc., a subsidiary of the Company (“MM CAN”), with a conversion price per Subordinate Voting Share of the Company equal to US$3.29 per share.

  • Business Wirelast month

    MedMen Announces Opening of 11th Store in California with Second San Diego Location

    (“MedMen” or the “Company”) (MMEN.CN) (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.

  • Market Exclusivelast month

    Cannabis Stock News Daily Roundup April 23

    MedMen Enterprises (CSE: MMEN) (OTCQX: MMNFF) (FSE: A2JM6N) has entered into definitive agreements for a US$250 million secured convertible credit facility with Gotham Green Partners, an investor in the global cannabis industry. DELTA 9 CANNABIS (TSXV: NINE) (OTCQX: VRNDF) reported financial and operating results for the year ending December 31, 2018. Operating revenues was $7.57M for […]The post Cannabis Stock News Daily Roundup April 23 appeared first on Market Exclusive.

  • CNW Grouplast month

    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. (MMEN.CN) (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. "We are excited to close our investment into MedMen. The company has firmly established itself as the leading cannabis retailer in the United States with an unparalleled physical and brand footprint across the country," said Jason Adler , managing member of Gotham Green Partners.

  • Business Wirelast month

    MedMen Announces Executive Management Update

    MedMen Enterprises Inc. (“MedMen” or the “Company”) (MMEN.CN) (MMNFF) (FSE:A2JM6N) is pleased to announce that during its fiscal quarter ended March 30, 2019 the Company named Ryan Lissack Chief Technology Officer. 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. “We appreciate the contributions of all current and former MedMen team members as we work to build the world’s leading cannabis company, and I have the utmost confidence in the management team.

  • Business Wirelast month

    MedMen to Announce Third Quarter Fiscal 2019 Financial Results on May 29th, 2019

    MedMen Enterprises Inc. 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.

  • Business Wirelast month

    MedMen Releases Preliminary Third Quarter 2019 Systemwide Revenue Results - Designated News Release

    MedMen Enterprises Inc. announced today unaudited systemwide revenue for its fiscal 2019 third quarter ended March 30, 2019.

  • CNW Grouplast month

    MedMen Enterprises Establishes At-the-Market Equity Financing Program

    ("MedMen" or the "Company") (MMEN.CN) (MMNFF) (FSE:A2JM6N) is pleased to announce that it has entered into an equity distribution agreement (the "Equity Distribution Agreement") with Canaccord Genuity Corp. pursuant to which the Company may, from time to time, sell Class B subordinate voting shares (the "Subordinate Voting Shares") in the capital of the Company for aggregate gross proceeds of up to CDN$60,000,000 . The At-the-Market equity financing program (the "ATM program") is designed to enable the Company to issue Subordinate Voting Shares from treasury at lower cost than traditional offerings, without discount and at prevailing trading prices.

  • Business Wire2 months ago

    MedMen Continues Northern California Retail Expansion

    MedMen Enterprises Inc. announced today closing its acquisition of licensed cannabis retailer Sugarleaf Trading Co., located in the Northern California city of Seaside.

  • CNW Group2 months ago

    MedMen Enterprises Files Final Base Shelf Prospectus

    ("MedMen" or the "Company") (MMEN.CN) (MMNFF) (FSE:A2JM6N) is pleased to announce that it has filed a final short form base shelf prospectus (the "Shelf Prospectus") with the securities regulatory authorities in each of the provinces and territories of Canada . The Shelf Prospectus will, subject to securities regulatory requirements, enable the Company to make offerings of up to CAD$500 million of any combination of Class B subordinate voting shares, preferred shares, debt securities, subscription receipts, warrants and units (all of the foregoing, collectively, the "Securities") during the 25-month period that the Shelf Prospectus, including any amendments thereto, remains valid.

  • ACCESSWIRE2 months ago

    These Four Marijuana Stocks Could Test March Highs on Monday

    Leafbuyer Technologies Inc (OTC:LBUY), CV Sciences Inc (CVSI), MedMen Enterprises Inc (MMNFF) (MMEN.CN), and Terra Tech Corp (TRTC) represent 4 marijuana stocks leading the pack on Monday. More than ever, consumers depend on online resources to research the products they are interested in buying and, prior to Leafbuyer's platform, no reliable source existed for information on cannabis and related products. Leafbuyer Technologies Inc (OTC:LBUY) earlier this month announced that the total number of Greenlight platform users has reached nearly 80,000.

  • ACCESSWIRE2 months ago

    Watch These Four Marijuana Stocks Set The Pace On Friday

    State legislators and lawmakers have seen the opportunities presented by supporting cannabis economies in their home states, and have advocated for legislation in favor of marijuana legalization. The past year has seen a major boom in terms of individuals who support the regulated cannabis industry, resulting in an exponential increase in persons looking to invest in the sector. Next Green Wave Holdings Inc (NXGWF) (NGW), MedMen Enterprises Inc (MMNFF), Namaste Technologies Inc (NXTTF), and HEXO Corp (NYSE American: HEXO) are 4 pot stocks worth keeping on your radar as we close out this week.

  • Business Wire2 months ago

    MedMen Announces US$250 Million Investment From Gotham Green Partners

    MedMen Enterprises Inc. (MMEN.CN) (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. “This strategic partnership with Gotham Green Partners represents another key milestone for MedMen and stems from our long-standing relationship with The Cronos Group and GGP’s brand portfolio,” said Adam Bierman, CEO of MedMen.

  • MedMen Announces Completion of Sale of Two Properties to Cannabis REIT
    Business Wire2 months ago

    MedMen Announces Completion of Sale of Two Properties to Cannabis REIT

    MedMen Enterprises Inc. (“MedMen” or the “Company”) (MMEN.CN) (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 repayment of debt. “This is our second transaction with Treehouse and we’ve now freed up nearly $49 million to invest directly into our growth initiatives,” said Adam Bierman, MedMen’s chief executive officer and co-founder. The properties are comprised of a retail storefront in Las Vegas, Nevada and a cultivation, manufacturing and production facility in Desert Hot Springs, California.

  • Business Wire2 months ago

    MedMen Co-Founder and Chief Executive Officer Adam Bierman to Present at the 31st Annual ROTH Conference

    MedMen Enterprises Inc. , 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.

  • Business Wire2 months ago

    SXSW 2019 to Feature MedMen Co-Founder & CEO Adam Bierman

    MedMen Enterprises Inc. (“MedMen” or the “Company”) (MMEN.CN) (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. The session, titled “Cannabis: The New Normal with Adam Bierman,” will discuss what cannabis culture looks like today as mainstream perceptions evolve. The format will feature a fireside chat led by Abby Schreiber, Executive Editor of Paper Magazine and Managing Editor of EMBER, a journal of cannabis and culture produced in collaboration between MedMen and Paper’s parent company, ENTTech Media Group.

  • Business Wire3 months 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 Wire4 months 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 Wire4 months 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.

  • GlobeNewswire4 months 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 Wire4 months 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 Wire4 months 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 Wire4 months 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.