Cannabis company MedMen Enterprises closes additional tranche on term loan facility
Proceeds from the loan will be used for acquisitions, capital expenditures and expenses
Company
CNSX:MMEN
MedMen Enterprises Inc is a cannabis retailer with flagship locations in California, Nevada, Illinois, Florida, and New York. The company offers a robust selection of high-quality products, including MedMen-owned brands LuxLyte and MedMen Red through its premium retail stores, proprietary delivery service, as well as curbside and in-store pick up. MedMen Buds, an industry-first loyalty program, provides exclusive access to promotions, product drops and content. The company believes that a world where cannabis is legal and regulated is safer, healthier and happier.
50 stories · page 3 of 3
Proceeds from the loan will be used for acquisitions, capital expenditures and expenses
The cannabis company will acquire Seven Point dispensary, located just outside of Chicago, for an undisclosed amount
The company cut a deal with WhiteStar Solutions to gain control of Monarch, an Arizona-based licensed medical-cannabis license holder, and other assets
The Canadian Securities Exchange is becoming a wildly popular destination for US cannabis companies rejected by the NYSE and Nasdaq
MedMen has reportedly donated US$140,000 to the governor of NY and added the former LA mayor to its board
MedMen has donated US$140,000 to the governor of NY and added the former LA mayor to its board
The Fed will use data from the Coinbase exchange to track Bitcoin, Bitcoin Cash, Ethereum and Litecoin
Sales of recreational cannabis are expected to begin in September but Canadian companies have been prepping for this moment for a while
The investment giant is looking to hire developers capable of building a digital exchange
The company, which began trading on the Canadian Securities Exchange today, has a fast-growing footprint that could redefine and modernize the Canadian cannabis retail space