Lavish Parties, Greedy Pols and Panic Rooms: How the ‘Apple of Pot’ Collapsed May 26, 2020 AggregatedNews Retail 0 Comments The warm California sun shone down on Adam Bierman as he stepped up to the ceremonial ribbon strung across the entrance of his latest triumph: a new store on Abbot Kinney Boulevard in Venice, the hottest retail strip west of… Read More→
MedMen Announces Layoffs and Overall Plan to Achieve Positive EBITDA November 16, 2019 Press Release Banking, Finance & Real Estate 0 Comments PRESS RELEASE LOS ANGELES--(BUSINESS WIRE)--MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) (“MedMen” or the “Company”), a leading cannabis retailer with operations across the U.S., today announced a strategic plan (the “Plan”) to achieve its target of positive EBITDA by the… Read More→
MedMen Announces US$250 Million Investment From Gotham Green Partners March 23, 2019 Press Release Banking, Finance & Real Estate 0 Comments PRESS RELEASE LOS ANGELES--(BUSINESS WIRE)--MedMen Enterprises Inc. (CSE:MMEN) (OTCQX: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”)… Read More→
MedMen Releases Preliminary Second Quarter 2019 Systemwide Revenue Results January 18, 2019 Press Release Banking, Finance & Real Estate, Press Releases 0 Comments PRESS RELEASE LOS ANGELES--(BUSINESS WIRE)--MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) (FSE: A2JM6N) announced today unaudited systemwide revenue for its fiscal 2019 second quarter ended December 29, 2018. Across the Company’s operations in California, Nevada, New… Read More→
One of MedMen’s Largest Outside Shareholders and Former Board Member, an Affiliate of The Inception Companies, Sues MedMen and Alleges Breach of Fiduciary Duty January 9, 2019 Press Release Press Releases 0 Comments PRESS RELEASE January 08, 2019 08:30 PM Eastern Standard Time LOS ANGELES--(BUSINESS WIRE)--This morning in the Superior Court of Los Angeles, California, The Inception Companies founders Brent Cox and Omar Mangalji (through an affiliated entity - MMMG-MC, Inc. - that… Read More→
MedMen Appoints Veteran Retail Finance Executive as Chief Financial Office December 6, 2018 Press Release Industry People, Press Releases 0 Comments LOS ANGELES (December 6, 2018) - MedMen Enterprises Inc. ("MedMen"or the "Company") (CSE: MMEN) (OTCQB: MMNFF) (FSE: A2JM6N) announced today the hiring of Michael W. Kramer, a veteran finance executive with a proven track record at retailers such as Apple Inc., Abercrombie & Fitch and Forever 21,… Read More→
MedMen Reports First Quarter Fiscal Year 2019 Financial Results November 30, 2018 Press Release Banking, Finance & Real Estate, Press Releases 0 Comments PRESS RELEASE November 29, 2018 04:02 PM Eastern Standard Time LOS ANGELES--(BUSINESS WIRE)--MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) (FSE: A2JM6N), today released its consolidated financial results for the first quarter of fiscal 2019. All financial information… Read More→
MedMen Hires Veteran HR Executive October 17, 2018 Press Release HR and Staffing, Industry People, Press Releases 0 Comments PRESS RELEASE Clarence Foster brings more than 20 years of experience leading human resources at Nissan, Yamaha, L’Oreal, McDonald’s and ExxonMobil LOS ANGELES--(BUSINESS WIRE)--MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQB: MMNFF) (FSE: A2JM6N) today announced the hiring… Read More→
MedMen Doubles Market Reach with Acquisition of PharmaCann October 11, 2018 Press Release News & Insights, On the Move, Press Releases 0 Comments PRESS RELEASE MedMen to acquire PharmaCann in all-stock transaction valued at US$682 million, the largest acquisition transaction in U.S. cannabis history. The acquisition doubles the number of states where MedMen has licenses to 12. The combined addressable market in these… Read More→
MedMen Hires Global Supply Chain Veteran as Its New Chief Operating Officer October 9, 2018 Press Release Industry People, Press Releases 0 Comments PRESS RELEASE LOS ANGELES (October 9, 2018) - MedMen Enterprises Inc. ("MedMen"or the "Company") (CSE: MMEN) (OTCQB: MMNFF) (FSE: A2JM6N) today announced the hiring of Ben Cook as its new chief operating officer. Cook is an accomplished global supply chain executive with 15 years of experience executing… Read More→
MedMen Acquires Illinois Dispensary, Continues its U.S. Expansion October 3, 2018 Press Release News & Insights, Press Releases, Retail 0 Comments PRESS RELEASE Acquisition Grows Brand's Presence to Country's Three Largest Metropolitan Areas LOS ANGELES (October 3, 2018) - MedMen Enterprises Inc. ("MedMen" or the"Company") (CSE: MMEN) (OTCQB: MMNFF) (FSE: A2JM6N) today announced that it has signed a definitive agreement (the "Agreement") to acquire Seven… Read More→
Former Los Angeles Mayor Antonio Villaraigosa Joins MedMen’s Board of Directors August 29, 2018 Press Release Industry People, On the Move 0 Comments PRESS RELEASE LOS ANGELES (August 29, 2018) - MedMen Enterprises Inc. ("MedMen"or the "Company") (CSE: MMEN) (OTCQB: MMNFF) (FSE: A2JM6N) is pleased to announce that former Los Angeles Mayor Antonio Villaraigosa has joined its Board of Directors. Villaraigosa brings with him two decades of public service. He served two… Read More→
MedMen Completes Strategic Investment in Lowell Herb Co. July 25, 2018 Press Release Banking, Finance & Real Estate, Press Releases 0 Comments PRESS RELEASE Lowell Smokes sold in 250 top dispensaries across California LOS ANGELES--(BUSINESS WIRE)--MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQB: MMNFF) and The Hacienda Company announced today that MedMen has completed a strategic investment in The Hacienda… Read More→
MedMen’s New Board Member Brings Decades of Experience from Pfizer, Richemont July 23, 2018 Press Release Industry People, Press Releases 0 Comments PRESS RELEASE LOS ANGELES (July 23, 2018) - MedMen Enterprises Inc. ("MedMen" or the "Company") (CSE: MMEN) (OTCQB: MMNFF) is pleased to announce the appointment of Stacey Hallerman to its Board of Directors. Hallerman is a business leader and C-suite executive who has been… Read More→
MedMen Announces Acquisition of Florida Marijuana License and Cultivation Facility June 7, 2018 Press Release Press Releases 0 Comments PRESS RELEASE MedMen to Own One of Thirteen Licenses in Florida, right to open 25 dispensaries Los Angeles - June 6, 2018 - MedMen Enterprises Inc. (CSE: MMEN) ("MedMen"), the country's leading cultivator, producer and retailer of state-sanctioned cannabis, today announced… Read More→