John SchroyerDecember 20, 2023
The exits will reduce MedMen's footprint to just four states.
Tag: MedMen
John SchroyerDecember 20, 2023John SchroyerJuly 5, 2023
MedMen's board is pinning their turnaround hopes on the new executives.
Debra BorchardtJune 19, 2023
After the markets closed on Friday, MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) announced the resignation of Ana Bowman as Chief Financial Officer, effective June 29, 2023. Bowman has served as CFO since 2022 and MedMen has begun a formal search for a new CFO. “We thank Ana for her leadership and guidance during MedMen’s restructuring. […]
Debra BorchardtJune 6, 2023
Three brothers want to open a store in the Nat Sherman cigar lounge building.
John SchroyerMay 31, 2023
MedMen acknowledged it will need to renegotiate debt to remain solvent.
StaffMay 30, 2023
The Daily Hit is a recap of the top financial news stories for May 30, 2023. On The Site Two Dozen Publicly Traded U.S. Cannabis Companies Lost $4 Billion Last Year Two dozen of the top plant-touching publicly traded marijuana companies in the United States posted a cumulative financial loss of more than $4 billion […]
John SchroyerMay 30, 2023
Many companies dealt with significant one-time writedowns in 2022.
Debra BorchardtMarch 28, 2023
MedMen (OTC: MMNFF) will have to pony up more than $3 million for its co-founder and former CEO Adam Bierman. An arbitrator ruled that Bieman was entitled to $3,063,300, plus costs of $49,243.34, for a total award of $3,112,543.34 related to his separation from the company. The base award represents the value of Bierman’s super […]
Debra BorchardtFebruary 21, 2023
That leaves only California and Massachusetts for MedMen's assets.
Adam JacksonFebruary 2, 2023The company reported that it is more $137 million in debt, with $15 million cash and equivalents on the books.
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