MedMen

MedMen
Company typePublic
IndustryCannabis
Founded2010
FounderAdam Bierman
Andrew Modlin
DefunctApril 26, 2024; 9 months ago (2024-04-26)
FateBankruptcy And Liquidation
Headquarters
RevenueIncrease $130 Million(2019)[1]
Number of employees
1,000
Websitemedmen.com

MedMen Enterprises was a United States-based cannabis company. At its peak, it had operations in California, Nevada, Arizona, Florida, Illinois, New York, and Massachusetts.[2][3] MedMen owns and operates 29 retail stores and 6 cultivation facilities and is currently licensed to expand its footprint to 65 retail locations.[4] Its stock began trading on the Canadian Securities Exchange under the ticker symbol MMEN in 2018.[5] The CSE suspended trading of MedMen's stocks on January 8, 2024 pursuant to cease trade orders from the Ontario Securities Commission and British Columbia Securities Commission,[6] and the stocks were delisted on May 16, 2024.[7] MedMen was also traded over-the-counter in the United States under the ticker symbol MMNFF.[8] MedMen is based in Culver City, California and has more than 1,000 employees.[9][3][10]

  1. ^ "MedMen Reports Fourth Quarter and Fiscal Year 2019 Financial Results - Designated News Release" (Press release). 28 October 2019.
  2. ^ "L.A. pot retailer MedMen has 12 shops, a $1.6-billion valuation and, coming soon, Canadian stock". LA Times. 25 May 2018. Archived from the original on 10 November 2018. Retrieved 18 October 2018.
  3. ^ a b Cite error: The named reference :0 was invoked but never defined (see the help page).
  4. ^ https://investors.medmen.com/home/default.aspx?_ga=2.164530623.1428893993.1571871737-2060554665.1551660007(subscription required)
  5. ^ "lA-based Medmen lists on the Canadian Securities Exchange with $1.6 Billion Valuation". Daily News. 29 May 2018. Archived from the original on 19 October 2018. Retrieved 18 October 2018.
  6. ^ "Bulletin2024-0106 - Suspensions - SIXW, MMEN, BJB, LIDA". Canadian Securities Exchange. January 8, 2024. Retrieved September 20, 2024.
  7. ^ "Bulletin 2024-0515 - Delist - MedMen Enterprises Inc. (MMEN)". Canadian Securities Exchange. September 11, 2024. Retrieved September 20, 2024.
  8. ^ "MEDMEN ENTERPRISES INC (MMNFF) Stock Price, Quote, History & News". finance.yahoo.com. Retrieved 2019-06-27.
  9. ^ "MedMen's $1.65 Billion Listing Shows Cannabis Is Moving North". Bloomberg.com. Archived from the original on 2018-08-25. Retrieved 2018-08-07.
  10. ^ "EXCLUSIVE: MEDMEN, THE "APPLE STORE OF CANNABIS," LAUNCHES ITS FIRST WELLNESS-FOCUSED PRODUCT LINE". Well and Good. 5 October 2018. Archived from the original on 27 November 2018. Retrieved 26 November 2018.

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