The money is the first part of a $250 million convertible credit facility with GGP that MedMen secured in March.
More details on the funding can be found here.
MedMen, which trades under the ticker symbol MMEN on the Canadian Securities Exchange, will release its quarterly results May 29.
The emergence of more overseas cannabis markets offers companies billions of dollars in business opportunities.
Seems like they’ve had some recent stumbles but this is very good news. MedMen is by some measurements just getting started and you can clearly see they’re poised for massive, nationwide success.
lol they are very good at one thing – losing money
Really. This is a high interest loan.
I’m a little guy that invested $6,000 and I am hurting right now with the stock being down and I really can’t afford it
dont invest if you are worried about losing money, just good advice from me, someone who has won and lost on investments
yea this is either a realllly long term investment or a complete bust, that is what I have learned from them, execs with the company were a joke