Debra BorchardtDecember 27, 2022
From debt defaults to ousted leaders, the cannabis industry had its fair share of scandals in 2022.
Tag: MedMen Enterprises
Debra BorchardtDecember 27, 2022
StaffOctober 21, 2022
MedMen filed suit Wednesday to prevent a refiling.
Debra BorchardtSeptember 17, 2020
MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) waiting until the market closed on Wednesday before telling shareholders it picked up another $20 million from lenders and institutional investors. The deal for MedMen includes 10 million in gross proceeds under a new unsecured convertible facility, plus $5.7 million under its senior secured term loan led by […]
William SumnerDecember 12, 2019
It’s time for your Daily Hit of cannabis financial news for December 12, 2019. On the Site Cresco Labs Shores Up Its Balance Sheet, Sells Property for $50 Million The Illinois-based Cresco Labs (CSE: CL) (OTCQX: CRLBF) is looking to shore up its balance sheet by selling off one of its properties. Today the company […]
William SumnerMay 29, 2019It’s time for your Daily Hit of cannabis financial news for May 29, 2019. On the Site Acreage Holdings Acreage Holdings, Inc. (ACRG-U.CN) (ACRGF) reported financial results for the quarter ending March 31st, 2019 with revenue rising 487% to $12.9 million, but the company also delivered a whopping net loss of $31.2 million. Looking at […]
William SumnerMay 23, 2019It’s time for your Daily Hit of cannabis financial news for May 23, 2019. On the Site Why Canopy Growth’s Deals May Not Translate Into Gains for CGC Stock Canopy Growth (NYSE: CGC) moved higher after announcing a deal with its investment arm, Canopy Rivers (OTCMKTS: CNPOF). This offers some relief to CGC stock, which […]
William SumnerApril 23, 2019It’s time for your Daily Hit of cannabis financial news for April 23, 2019. On The Site Harvest Health & Recreation Harvest Health & Recreation, Inc. (CSE: HARV) (OTCQX: HRVSF) reported the company’s fourth quarter and fiscal year 2018 financial results. For the quarter HHR delivered total revenue of $16.9 million, an increase of 135% versus […]
William SumnerApril 9, 2019It’s time for your Daily Hit of cannabis financial news for April 9, 2019. On The Site Harvest Health & Recreation Harvest Health & Recreation, Inc. (CSE: HARV, OTCQX: HRVSF) is acquiring CannaPharmacy, Inc. in a deal with undisclosed value. CannaPharmacy owns or operates cannabis licenses in Pennsylvania, Delaware, New Jersey, and Maryland. Harvest recently announced the […]
Debra BorchardtNovember 1, 2018
MedMen Enterprises Inc. (OTCQX: MMNFF) is acquiring Arizona-based Kannaboost Technology Inc. and CSI Solutions LLC, known as “Level Up,” in a cash and stock transaction valued at $33,000,000. According to the company statement, Level Up holds licenses for two vertically-integrated operations in Arizona, which include retail locations in Scottsdale and Tempe, as well as 25,000 […]
William SumnerOctober 26, 2018It’s time for your Daily Hit of cannabis financial news for October 25, 2018. On the Site MedMen Enterprises MedMen Enterprises (MMNFF) reported fourth quarter revenues of $20.6 million, an increase of 1,317% over last year’s $1.5 million and a 44% sequential increase over the third quarter revenue of $14.3 million. The jump was attributed […]
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