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MedMen Enterprises Inc. (MMEN.CN)
Canadian Sec - Canadian Sec Real Time Price. Currency in CAD
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back stop is 24 cents see august 100M dollar equity funding deal … looks like its working we are not going down not even a cent below 24 cents… letss see what will happen in the coming days , but to make sure i will money at this lows i added close to 50,000 shares and will add more if this goes lower than 24 cents… 👌👌👌
Online ordering of medical cannabis is restored by Florida judge.
SAFE Banking Act included in NDAA: “Timing for conference legislation is uncertain, as prioritization of the NDAA depends on competing legislation such as federal funding, reconciliation, the debt limit, and infrastructure, but passage of the annual defense bill is expected in both chambers with bipartisan support, likely before the end of the year.” Before the end of the YEAR! 🚀🌝
MedMen Announces Promotion of Roz Lipsey to Chief Operating Officer.
Illinois cannabis sales continue to increase with September being the seventh Month in a row with sales surpassing 1 million. Who has stores in Illinois?....MedMen
Much more detailed news on MedMen, and Cannabis industry News can be found on Reddit at r/MMEN.
10 Notable Republicans In Congress Backing Cannabis Legalization
Tilray’s position as the “most attractive Canadian operator by some distance,” is further cemented by the inroads it has been making into the far more lucrative US market, a pre-requisite for “any near-term material re-rating for all Canadian names.”
The company currently boasts “US optionality” in non-THC via Sweetwater (craft beer/seltzers) and Manitoba Harvest (hemp food/CBD). Tilray also made a first foray into US THC during the quarter when it obtained “optionality” on MedMen converts and laid out a route to eventually gaining control of the company.
Can someone explain to me how safe banking will help MedMen? They are currently deferring most of their debt and rent payments to stave off bankruptcy (to be paid in shares including the accruing interest), all their assets are held as collateral. $46M loss on $42M revenue, what bank would loan them money?
Can't see why Medmen is special over other stores. If you go to Vegas stores are a dime a dozen. Why care about Medmen when you can go anywhere else?
So many shorts on this board. My mute button is on fire
(BUSINESS WIRE)--MedMen Enterprises Inc. ("MedMen" or the "Company") (CSE: MMEN) (OTCQX: MMNFF), a leading cannabis retailer with operations across the nation, has announced the re-opening of its Tallahassee, Florida store location on 1126 Thomasville Road this Thursday, October 21, 2021.
I've noticed a very interesting pattern on this forum that whenever the bears come out of hibernation it means its about to pop. happened in February when they went up to 1.30.
At least four more states will legalize marijuana in some form in 2022 and industry mergers and acquisitions will “noticeably accelerate,” MJBiz CEO Chris Walsh predicted Wednesday.
“We’re going to see our biggest year in 2022 for M&A,” Walsh said, speaking
Despite delays by the United States Congress to pass cannabis banking reforms and broader legislation for marijuana legalization, most notably the SAFE Banking Act and the Cannabis Administration and Opportunity Act, numerous banks and credit unions are stepping in to help bank the unbanked.
NICE NEWS TO START THE DAY... RE-OPENING OF TALLAHASSE FLORIDA store... medmen re opening and expansion EXECUTING WELL... 😎😎😎
Great to see GREEN nearly sector wide today.
Outstanding shares now is 1.196 billion but float is only 400M.... Right now 95% of these shares are in the hands of very few investors, retail investors only owns less than 5% of MM... THIS IS VERY BULLISH, if the situation is reverse like 95% retail investors, 5% big guys/institution this is very bad...
Now latest filings if ALL warrants, convertible notes, options, interest converted to shares many years from now possible Outs shares is 3.626 billion, but wait who owns those 3.626 billions MOST LIKELY VERY FEW INVESTORS AGAIN, tilray, the serruya, gotham green and few others, retail investors own tiny percentage...
if BIG GUYS/institution owns 95% of outstanding shares and tiny percentage own by retail investors THAT IS VERY BULLISH, why cause there will be less and less sellers as the STOCK goes up into the future, the big guys/institution will sell among themselves at premium price once we go UPLISTED.
ITS NOT THE NO. OUTSTANDING Share that matters, what matter most is WHO HAS THOSE SHARES, even if the outstanding shares is 10 billion if those outs shares are only in the hands of 3 4 or 5 BIG INVESTORS while only less than 10% in the hands of retail investors THAT IS STILL VERY BULLISH specially when the company will do well long term. 😎
Border Crisis Biden
so, after 4 years and $7.50 to .25 cents a share...who has been spot on with analysis and predictions? longs and pumpers who have been telling you to average down?
Jump in Jack
31c CAD is/was the buy zone..... its sitting at the bottom of the stochastic rsi oversold indicator on daily chart..... very VERY unlikely to drop below that..... its now beginning to recover and likely will over next bunch of days.... good luck!
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