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Stocks in play: Medmen Enterprises Inc

Baystreet.ca

Today announced plans to sell its Florida assets to Florida-based private company Green Sentry Holdings LLC for $83 million. The cash deal includes the sale of substantially all of MedMen’s Florida-based assets, including its license, dispensaries, inventory and cultivation operations. . Additionally, the Company agreed to license its trademarks in the state for a two-year period, subject to termination rights, for a quarterly revenue-based fee. Medmen Enterprises Inc shares C.MMEN are trading up 0.01 cent at $0.16.

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