MMNFF - MedMen Enterprises Inc.

Other OTC - Other OTC Delayed Price. Currency in USD
0.5780
-0.0220 (-3.67%)
At close: 3:59PM EST
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Previous Close0.6000
Open0.6100
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.5770 - 0.6500
52 Week Range0.3600 - 3.8400
Volume2,596,513
Avg. Volume2,113,120
Market Cap120.849M
Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)-0.6900
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est1.36
  • High Times Plans Flagship Retail Stores, Clearing Way to Sell Cannabis through Dispensaries
    IPO-Edge.com

    High Times Plans Flagship Retail Stores, Clearing Way to Sell Cannabis through Dispensaries

    Deals Signed with Holders of Dispensary Licenses in Los Angeles and Las Vegas By John Jannarone High Times announced it will open two flagship retail stores offering cannabis under dispensary licenses, giving the strongest brand in the marijuana industry a new engine of growth as it prepares for a public listing. Formally known as Hightimes […]

  • Business Wire

    MedMen to Announce Second Quarter Fiscal 2020 Financial Results on February 26, 2020

    MedMen to Announce Second Quarter Fiscal 2020 Financial Results on February 26, 2020

  • Business Wire

    MedMen Presents ‘New Year, New You’

    MedMen Presents 'New Year, New You'

  • Business Wire

    MedMen Provides Update on Sale of Non-Core Assets – Designated News Release

    MedMen Provides Update on Sale of Non-Core Assets – Designated News Release

  • Business Wire

    MedMen Strengthens Balance Sheet, Provides Updated Guidance and Enhances Corporate Governance

    MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) ("MedMen" or the "Company"), a leading cannabis retailer with operations across the U.S., today announced several financial arrangements and corporate updates that will strengthen the Company’s balance sheet and enhance overall corporate governance. Updates include: 1) the execution of financial agreements ("Financing Plan"), which includes US$37 million in financing; 2) an amendment to certain of the Company’s outstanding debt; 3) an expansion of the Company’s corporate SG&A initiatives through a new round of cost reductions; and 4) enhanced corporate governance with the Company’s co-founder Andrew Modlin granting a limited proxy to Ben Rose, Executive Chairman of the Board with respect to Mr. Modlin’s Class A Super Voting Shares for a period of one year.

  • ‘High-paying jobs’ in cannabis could await grads from new university program
    Yahoo Finance Canada

    ‘High-paying jobs’ in cannabis could await grads from new university program

    The Montreal university will become the first top-tier research school in Canada to offer a degree in commercial cannabis. 

  • Business Wire

    MedMen Reports First Quarter Fiscal 2020 Financial Results – Designated News Release

    LOS ANGELES-- --   First quarter revenue of $44.0 million, up 105% year over year Opened four new retail locations during the quarter, including three in Florida and one in California Company is licensed for 70 retail stores and currently operates 33 retail locations across 9 states, including pending acquisitions Post quarter end, announced five-part plan to reduce costs and accelerate path towards ...

  • Business Wire

    MedMen Announces Layoffs and Overall Plan to Achieve Positive EBITDA

    The 90-day plan will focus on five key objectives: 1) focusing on core markets, while divesting non-core assets; 2) reducing corporate SG&A; 3) driving asset-level EBITDA; 4) limiting cash outlays for the next 12 months; and 5) reinvesting in the Company’s employees and culture. MedMen believes the Company can execute this plan while still growing its retail presence and maintaining a best-in-class retail experience. “We have a clear plan to increase our market share, while at the same time enhancing our margins and reducing our corporate overhead,” said Adam Bierman, MedMen co-founder and chief executive officer.

  • How this CBD company created a buzz by 'kind of making fun of millennial culture'
    Yahoo Finance

    How this CBD company created a buzz by 'kind of making fun of millennial culture'

    Ask Benjamin Witte about Recess, and one of the first places he’ll send you is the company’s Instagram page.

  • MedMen Opens in Sarasota, Florida
    Business Wire

    MedMen Opens in Sarasota, Florida

    Increases Total National Retail Footprint to 34 Operating Stores

  • Charlotte’s Web: Top Four Things to Know about the Stock
    Market Realist

    Charlotte’s Web: Top Four Things to Know about the Stock

    Last month, Charlotte's Web announced that it would partner with Nielsen to guide US retail companies on the growth of the CBD (cannabidiol) space.

  • CBD is ‘the caffeine of the 21st century’: Recess CEO
    Yahoo Finance

    CBD is ‘the caffeine of the 21st century’: Recess CEO

    The key to selling a CBD product is to not sell the CBD, according to Benjamin Witte.

  • Marijuana in Florida: Five Things You Should Know
    Market Realist

    Marijuana in Florida: Five Things You Should Know

    Florida is the second-fastest adopter of medical marijuana. The state reports an average increase of 609 medical marijuana patients on a daily basis.

  • MedMen: Stock Falls over 20% after Q4 2019 Earnings
    Market Realist

    MedMen: Stock Falls over 20% after Q4 2019 Earnings

    MedMen Enterprises (MMEN) (MMNFF) reported its fourth-quarter earnings that ended on June 30. The company reported revenues of $41.97 million.

  • Business Wire

    MedMen to Announce First Quarter Fiscal 2020 Financial Results on November 26, 2019

    MedMen Enterprises Inc. plans to release its financial results for the first quarter fiscal 2020 ended September 28, 2019 after market close on Tuesday, November 26, 2019.

  • Business Wire

    MedMen Announces Additional Amendments to Gotham Green Facility – Designated News Release

    MedMen Enterprises Inc. (MMEN.CN) (MMNFF) (“MedMen” or the “Company”) is pleased to announce certain amendments to its US$250,000,000 senior secured convertible credit facility (the “Facility”) arranged by Gotham Green Partners. As a result of the amendments to the Facility, the aggregate amount that remains available to be borrowed has not changed. Tranche 3 now consists of $10,000,000 in available credit and Tranche 4 consists of $115,000,000 in available credit.

  • Business Wire

    MedMen Reports Fourth Quarter and Fiscal Year 2019 Financial Results - Designated News Release

    LOS ANGELES-- -- Record full year revenue of $130 million, up 227% year over year Fourth quarter revenue of $42 million, up 104% year over year Surpassed $110 million in annualized run-rate retail revenue across California, the largest cannabis market in the world Company is licensed for 70 retail stores and currently operates 32 retail locations across 9 states, including pending acquisitions   MedMen ...

  • MedMen Opens Two New Locations in Florida
    Business Wire

    MedMen Opens Two New Locations in Florida

    MedMen Enterprises Inc. (MMEN.CN) (MMNFF) (“MedMen” or the “Company”), a leading cannabis retailer with operations across the U.S., today announces the opening of two new locations in the state of Florida: Central Orlando and Tallahassee. The Company now has seven operational stores in Florida, with five additional store openings in the state planned for the remainder of the calendar year.

  • How Marijuana Legalization May Boost Florida’s Economy
    Market Realist

    How Marijuana Legalization May Boost Florida’s Economy

    Right now, medical marijuana is legal in 33 states. Florida is one state that may aggressively push for recreational marijuana legalization in 2020.

  • MedMen Announces Fifth Florida Store Opening in Jacksonville Beach
    Business Wire

    MedMen Announces Fifth Florida Store Opening in Jacksonville Beach

    MedMen Enterprises Inc. (MMEN.CN) (MMNFF) (“MedMen” or the “Company”), a leading cannabis retailer with operations across the U.S., today announced the opening of its new location in Jacksonville Beach, Florida. This is the fifth of 12 locations MedMen plans to open in Florida this calendar year. The Company is licensed for up to 35 retail locations in the state.

  • Business Wire

    MedMen Congratulates Board Member Stacey Hallerman on New Role at Lowell Herb Co.

    MedMen Enterprises Inc. (MMEN.CN) (MMNFF) (“MedMen” or the “Company”), a leading cannabis retailer with operations across the U.S., today announced that Stacey Hallerman has resigned from the Company's Board of Directors, effective immediately. Ms. Hallerman has left her position on MedMen's Board to assume the role of Chief Administrative Officer and General Counsel at Lowell Herb Co. ("Lowell").