MMNFF - MedMen Enterprises Inc.

Other OTC - Other OTC Delayed Price. Currency in USD
0.4050
+0.0040 (+1.00%)
At close: 4:00PM EST
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Previous Close0.4010
Open0.4022
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.3972 - 0.4173
52 Week Range0.3750 - 3.8400
Volume1,392,807
Avg. Volume1,372,053
Market Cap83.488M
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
All
News
Press Releases
  • Business Wire

    MedMen Reports First Quarter Fiscal 2020 Financial Results – Designated News Release

    LOS ANGELES-- --   First quarter revenue of $44.0 million, up 105% year over year Opened four new retail locations during the quarter, including three in Florida and one in California Company is licensed for 70 retail stores and currently operates 33 retail locations across 9 states, including pending acquisitions Post quarter end, announced five-part plan to reduce costs and accelerate path towards ...

  • Business Wire

    MedMen Announces Layoffs and Overall Plan to Achieve Positive EBITDA

    The 90-day plan will focus on five key objectives: 1) focusing on core markets, while divesting non-core assets; 2) reducing corporate SG&A; 3) driving asset-level EBITDA; 4) limiting cash outlays for the next 12 months; and 5) reinvesting in the Company’s employees and culture. MedMen believes the Company can execute this plan while still growing its retail presence and maintaining a best-in-class retail experience. “We have a clear plan to increase our market share, while at the same time enhancing our margins and reducing our corporate overhead,” said Adam Bierman, MedMen co-founder and chief executive officer.

  • MedMen Opens in Sarasota, Florida
    Business Wire

    MedMen Opens in Sarasota, Florida

    Increases Total National Retail Footprint to 34 Operating Stores

  • Business Wire

    MedMen to Announce First Quarter Fiscal 2020 Financial Results on November 26, 2019

    MedMen Enterprises Inc. plans to release its financial results for the first quarter fiscal 2020 ended September 28, 2019 after market close on Tuesday, November 26, 2019.

  • Business Wire

    MedMen Announces Additional Amendments to Gotham Green Facility – Designated News Release

    MedMen Enterprises Inc. (MMEN.CN) (MMNFF) (“MedMen” or the “Company”) is pleased to announce certain amendments to its US$250,000,000 senior secured convertible credit facility (the “Facility”) arranged by Gotham Green Partners. As a result of the amendments to the Facility, the aggregate amount that remains available to be borrowed has not changed. Tranche 3 now consists of $10,000,000 in available credit and Tranche 4 consists of $115,000,000 in available credit.

  • Business Wire

    MedMen Reports Fourth Quarter and Fiscal Year 2019 Financial Results - Designated News Release

    LOS ANGELES-- -- Record full year revenue of $130 million, up 227% year over year Fourth quarter revenue of $42 million, up 104% year over year Surpassed $110 million in annualized run-rate retail revenue across California, the largest cannabis market in the world Company is licensed for 70 retail stores and currently operates 32 retail locations across 9 states, including pending acquisitions   MedMen ...

  • MedMen Opens Two New Locations in Florida
    Business Wire

    MedMen Opens Two New Locations in Florida

    MedMen Enterprises Inc. (MMEN.CN) (MMNFF) (“MedMen” or the “Company”), a leading cannabis retailer with operations across the U.S., today announces the opening of two new locations in the state of Florida: Central Orlando and Tallahassee. The Company now has seven operational stores in Florida, with five additional store openings in the state planned for the remainder of the calendar year.

  • MedMen Announces Fifth Florida Store Opening in Jacksonville Beach
    Business Wire

    MedMen Announces Fifth Florida Store Opening in Jacksonville Beach

    MedMen Enterprises Inc. (MMEN.CN) (MMNFF) (“MedMen” or the “Company”), a leading cannabis retailer with operations across the U.S., today announced the opening of its new location in Jacksonville Beach, Florida. This is the fifth of 12 locations MedMen plans to open in Florida this calendar year. The Company is licensed for up to 35 retail locations in the state.

  • Business Wire

    MedMen Congratulates Board Member Stacey Hallerman on New Role at Lowell Herb Co.

    MedMen Enterprises Inc. (MMEN.CN) (MMNFF) (“MedMen” or the “Company”), a leading cannabis retailer with operations across the U.S., today announced that Stacey Hallerman has resigned from the Company's Board of Directors, effective immediately. Ms. Hallerman has left her position on MedMen's Board to assume the role of Chief Administrative Officer and General Counsel at Lowell Herb Co. ("Lowell").

  • Business Wire

    MedMen Announces Termination of Merger Agreement With PharmaCann and Management Changes

    MedMen Enterprises Inc. (MMEN.CN) (MMNFF) (“MedMen” or the “Company”), a leading cannabis retailer with operations across the U.S., today announced the mutual agreement to terminate the Business Combination Agreement dated December 23, 2018, pursuant to which MedMen was to acquire PharmaCann, LLC (“PharmaCann”) in an all-stock transaction (“Transaction”). In light of market developments over the past 12 months and the continued evolution of its business strategy, MedMen and its Board have determined that focusing on leveraging the Company’s retail brand, its leadership position in California, and its digital platform to grow the business will create greater shareholder value than the completion of the Transaction.

  • Business Wire

    MedMen to Announce Fourth Quarter and Fiscal Year 2019 Financial Results on October 28, 2019

    MedMen Enterprises Inc. plans to release its financial results for the fourth quarter and fiscal year 2019 ended June 29, 2019 after market close on Monday, October 28, 2019.

  • Business Wire

    Illinois Governor Signs Landmark Cannabis Legalization; MedMen Well-Positioned to Serve Market

    (“MedMen” or the “Company”) (MMEN.CN) (MMNFF) applauds Illinois Governor J.B. Pritzker’s enactment of adult use cannabis legalization. Governor Pritzker’s bold action sets a new standard for legalization efforts at the state level.

  • Business Wire

    MedMen Continues Northern California Retail Expansion into City of Vallejo

    MedMen Enterprises Inc. (“MedMen” or the “Company”) (MMEN.CN) (MMNFF) announced today plans to open a retail cannabis store in the Northern California city of Vallejo. This will be MedMen’s fourth planned retail store in Northern California, joining locations in Emeryville, San Jose and Seaside. It will also be the Company’s 15th retail store in the state of California.

  • Business Wire

    MedMen Announces Florida Expansion, Opens First Location in West Palm Beach

    MedMen Enterprises Inc. (“MedMen” or the “Company”) (MMEN.CN) (MMNFF) today announced its expansion into Florida with the opening of a retail location in West Palm Beach at 539 Clematis Street. MedMen expects retail locations in Key West and Orlando to follow. Florida is the third most populous state with a robust medical cannabis program serving over 200,000 qualified patients. Of the 15 new locations MedMen plans to open across the U.S. in 2019, 12 will be in Florida, where the Company is licensed for up to 35 retail locations.

  • Business Wire

    MedMen Partners with Equality California for Pride Month

    (“MedMen” or the “Company”) (MMEN.CN) (MMNFF) (FSE:A2JM6N) is pleased to partner with Equality California, the largest statewide LGBTQ civil rights organization. During the month of June at all California stores, MedMen will donate 15% of proceeds from limited-edition Pride products to advance LGBTQ equality.

  • Business Wire

    MedMen Awarded Pasadena Commercial Retail License

    MedMen Enterprises Inc. (“MedMen” or the “Company”) (MMEN.CN) (MMNFF) (FSE:A2JM6N) today announced that the City of Pasadena has awarded the Company one of six commercial retail and delivery licenses (subject to obtaining properly zoned real estate and a Conditional Use Permit), further enhancing its industry-leading footprint. “As we continue to grow our footprint in the U.S., California remains our home base and the most strategic market in our industry today,” said Adam Bierman, MedMen co-founder and chief executive officer. “The City ran a very competitive process and we are honored to be among those chosen to operate in Pasadena.