LOS ANGELES–(BUSINESS WIRE)–MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a cannabis retailer with operations across the U.S., today released its consolidated financial results for the fourth quarter and fiscal year ended June 27, 2020. All financial information in this press release is reported in U.S. dollars, unless otherwise indicated. Beginning in the fourthContinue reading “MedMen Reports Fourth Quarter and Fiscal Year 2020 Financial Results and Pre-announces First Quarter 2021 Revenue”
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MedMen Announces US$20 Million Financing Commitments – Designated News Release
–MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a leading cannabis retailer with operations across the U.S., today announced financing commitments totaling over US$20,000,000 from existing lenders and institutional investors. The commitments include (1) US$10,000,000 in gross proceeds under a new unsecured convertible facility, (2) US$5,700,000 in additional gross proceeds under its senior securedContinue reading “MedMen Announces US$20 Million Financing Commitments – Designated News Release”
MedMen Opens Coral Shores Location in Florida
–MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQB: MMNFF) is pleased to announce today the opening of its Coral Shores location near Fort Lauderdale, Florida. MedMen Coral Shores is the Company’s fifth operational location in the state. MedMen Coral Shores is located at 2949 North Federal Highway, occupying 1,668 square feet of retail space. MedMenContinue reading “MedMen Opens Coral Shores Location in Florida”
MedMen Announces Lender and Landlord Support for Company Turnaround
Reached agreement with senior lenders to defer cash interest Modified lease arrangements with Treehouse REIT to reduce near-term cash commitments –MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) today announced the execution of definitive agreements with certain lenders, including Gotham Green Partners, Stable Road Capital and affiliates, and the Company’s most significantContinue reading “MedMen Announces Lender and Landlord Support for Company Turnaround”
MedMen Announces Changes to Its Board of Directors and Resolution of MMMG-MC Litigation – Designated News Release
–MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) today announced that Adam Bierman, Co-Founder, stepped down as a member of the Company’s Board of Directors. In addition, Andrew Modlin, the Company’s other Co-Founder, stepped down as an observer to the Company’s Board of Directors. Mr. Modlin’s employment agreement with the Company expiredContinue reading “MedMen Announces Changes to Its Board of Directors and Resolution of MMMG-MC Litigation – Designated News Release”
