MedMen Doubles Market Reach With Acquisition Of PharmaCann

PharmaCann

CALIFORNIA: MedMen Enterprises Inc. and Chicago-based PharmaCann have signed a binding letter of intent for MedMen to acquire PharmaCann in an all-stock transaction valued at $682 million. The resulting pro-forma company (including pending acquisitions by MedMen) will have a portfolio of cannabis licenses in 12 states that will permit the combined company to operate 79 cannabis Read the full article…

MedMen Acquires First Dispensary In San Francisco Bay Area

MedMen Expands Footprint in its Home State into Northern California

CALIFORNIA: MedMen Enterprises announced that it has signed a definitive agreement to acquire a licensed dispensary from Berkeley Patients Group in Emeryville, California. As a result of the transaction, MedMen will have one of only two adult-use licenses issued in the City of Emeryville, just outside San Francisco. The dispensary is located in a young professional hub Read the full article…

MedMen Increases Term Loan Facility to C$100 Million

medmen

CALIFORNIA: MedMen Enterprises announced today that it has closed an additional tranche of its previously announced senior secured term loan with funds managed by Hankey Capital and an affiliate of Stable Road Capital. Pursuant to the terms of the Facility, the principal amount of the loan has been increased by C$5,661,920 to C$99,952,190. The principal amount under Read the full article…

MedMen Acquires Illinois Dispensary Seven Point; Continues US Expansion

Seven Point Oak Park, IL

CALIFORNIA:  MedMen Enterprises announced that it has signed a definitive agreement to acquire Seven Point, a licensed medical cannabis dispensary located in the historic Chicago suburb of Oak Park, Illinois. Illinois is one of the fastest growing medical marijuana markets in the country. Since the beginning of the year the number of qualifying patients increased 41 percent Read the full article…

MedMen Acquires Monarch Wellness; Expands Reach Into Arizona Medical Marijuana Market

MedMen Acquires Monarch Wellness

CALIFORNIA: MedMen Enterprises  announced that it has signed a definitive agreement with WhiteStar Solutions to acquire control of Monarch, a Scottsdale, Arizona-based licensed medical cannabis license holder with dispensary, cultivation and processing operations through the acquisition of Omaha Management Services, LLC. In addition, MedMen will acquire from WhiteStar their exclusive co-manufacturing and licensing agreements with Kiva, Mirth Read the full article…

MedMen Nevada 2 LLC Distributes To Members Shares Redeemable For Class B Subordinate Voting Shares Of MedMen Enterprises

medmen

CALIFORNIA: The MedMen of Nevada 2 LLC announced that on September 5, 2018 it disposed of, by way of distribution in accordance with its constating documents to the members of the Securityholder, 16,574,460 Class B Common Shares of MM Can USA, Inc., a subsidiary of MedMen Enterprises Inc. Pursuant to the articles of incorporation of PC Corp and the Read the full article…

Former Los Angeles Mayor Antonio Villaraigosa Joins MedMen’s Board Of Directors

Former Los Angeles Mayor Antonio Villaraigosa Joins MedMen’s Board of Directors

CALIFORNIA: MedMen Enterprises announced that former Los Angeles Mayor Antonio Villaraigosa has joined its Board of Directors. Villaraigosa brings with him two decades of public service. He served two terms as mayor of Los Angeles from 2005 to 2013, was the Speaker of the California State Assembly from 1998 to 2000, a Los Angeles councilmember from 2003 Read the full article…

MedMen Gains Exclusive Rights to Woodstock Name for Cannabis Products

Pot Culture is Pop Culture

CALIFORNIA: MedMen Enterprises signed an exclusive license agreement with Woodstock Ventures LC and its affiliate The Woodstock Cannabis Company granting MedMen rights to use the iconic Woodstock brand on cannabis products manufactured and sold in six states: California, Nevada, Massachusetts, Florida, Illinois and Arizona. The Agreement grants MedMen the right to manufacture and distribute Woodstock branded cannabis products Read the full article…

MedMen Completes Strategic Investment In Lowell Herb Co.

Lowell Smokes sold in 250 top dispensaries across California

CALIFORNIA: MedMen Enterprises Inc  and The Hacienda Company announced today that MedMen has completed a strategic investment in The Hacienda Company, which owns Lowell Herb Co., a California-based cannabis brand known for its pack of pre-rolls called Lowell Smokes. Lowell Smokes has established itself as one of the strongest cannabis brand names in California founded on principles Read the full article…

MedMen Opens First Branded Store In Las Vegas

MedMen Las Vegas

CALIFORNIA: In classic Las Vegas fashion, with red-feathered showgirls and an Elvis impersonator entertaining the crowds, MedMen Enterprises opened its first branded store in the tourist mecca and entertainment capital of the world. Located at 823 3rd Street in the Arts District and near the Fremont Street Experience, MedMen Downtown Las Vegas is the Company’s 14th store nationwide. MedMen has Read the full article…