MMEN.CN - MedMen Enterprises Inc.

Canadian Sec - Canadian Sec Delayed Price. Currency in CAD
3.8000
-0.2300 (-5.71%)
At close: 3:59PM EDT
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Previous Close4.0300
Open3.8300
Bid3.8200 x 0
Ask3.8400 x 0
Day's Range3.7500 - 3.8800
52 Week Range1.2504 - 9.8800
Volume1,788,978
Avg. Volume1,323,108
Market Cap1.835B
Beta (3Y Monthly)0.66
PE Ratio (TTM)N/A
EPS (TTM)-1.2200
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Business Wire3 days ago

    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 Wire5 days ago

    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 Wire7 days ago

    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 Group12 days ago

    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 Wire21 days 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 Group25 days 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.

  • ACCESSWIRE28 days 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.

  • ACCESSWIRElast month

    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 Wirelast month

    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 Wirelast month

    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 Wirelast month

    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 Wirelast month

    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 Wire2 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 Wire2 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 Wire2 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.

  • GlobeNewswire3 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 Wire3 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 Wire3 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 Wire3 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.

  • Business Wire3 months ago

    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 Wire3 months ago

    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 Exclusive4 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 Wire4 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 ...

  • ACCESSWIRE4 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.