MedMen Enterprises Inc.

MedMen Enterprises Inc.

MMNFF
MedMen Enterprises Inc.US flagOther OTC
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138,320.00Market Cap
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
Melony Valleau CPA
Full Time Employees
428
Sector
Healthcare
Industry
Drug Manufacturers - Specialty & Generic
Address
10115 Jefferson Boulevard Culver City CA United States of America 90232
IPO Date
May 30, 2018
Website
medmen.com
Business
MedMen Enterprises Inc. (MMNFF) operates as a cannabis retailer focused on cultivation, manufacturing, and retail sales of recreational and medicinal cannabis products in California. The company offers premium flower, pre-rolls, vapes, effects-based gummies, edibles, concentrates, tinctures, and CBD wellness items sourced from top brands and boutique cultivators; its proprietary brands include MedMen Red and LuxLyte; services encompass in-store shopping, online ordering, curbside pickup, and discreet delivery available 365 days a year. MedMen maintains three dispensaries in key California locations—Downtown Los Angeles, West Hollywood, and near LAX Airport—targeting medical and recreational consumers with an extensive selection exceeding 400 products emphasizing quality, safety, and customer education. Founded in 2010 by Adam Bierman and Andrew Modlin and headquartered in Culver City, California, MedMen previously expanded aggressively across states including Nevada, Arizona, Florida, Illinois, New York, and Massachusetts, operating up to 32 dispensaries and multiple cultivation facilities at its peak. In recent major changes, MedMen filed for bankruptcy proceedings in Canada in April 2024 with approximately $411 million in liabilities, while its U.S. subsidiary entered Chapter 7 liquidation and receivership in Los Angeles Superior Court, leading to the permanent discontinuation of most operations and closure of stores outside select California sites; the Canadian Securities Exchange suspended trading in January 2024 and delisted the stock in May 2024; earlier exits included sales of Arizona and Nevada operations to competitors like MINT Cannabis.

Company News

APIChat
  • CSE Bulletin: Delist - MedMen Enterprises Inc. (MMEN)

  • Cannabis firm MedMen enters bankruptcy proceedings in Canada, receivership in US

  • Cannabis firm MedMen enters bankruptcy proceedings in Canada, receivership in US

  • Cannabis company MedMen files for bankruptcy with about $411M in liabilities as it fortunes go up in smoke

  • MedMen Announces Entering Bankruptcy Proceedings and Resignation of CFO and Directors

  • Exit Now! 3 Cannabis Stocks to Sell in February 2024

  • MedMen Announces Management and Board Changes

  • MedMen goes from height of $3B valuation to zero as stock draws cease-trade order

  • MedMen Exits Arizona Market, Completing Sale of Local Operations to MINT Cannabis

  • MedMen Provides Annual Filing Status Report

  • MedMen Enters into Definitive Agreements to Exit Arizona and Nevada per Announced Strategic Review, Selling Non-Core Assets to MINT Cannabis

  • MedMen Provides Annual Filing Status Report

  • MedMen Provides Annual Filing Status Report

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  • MedMen Announces Delay of Filing of Financial Statements for the Year Ended July 1, 2023 and Issuance of Management Cease Trade Order

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