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Marijuana Giant MedMen May Not Get its Pasadena Permit
Trends & Articles

Marijuana Giant MedMen May Not Get its Pasadena Permit

by Sophia Vida July 10, 2020
According to a city investigation, cannabis company MedMen may not get a highly-sought after recreational cannabis permit from the city of Pasadena in California. There are five cannabis companies vying for three or four legal ...
Struggling MedMen Disappoints with Latest Quarterly Report
Spotlight Stock

Struggling MedMen Disappoints with Latest Quarterly Report

by Sophia Vida February 27, 2020
Marijuana retailer MedMen Enterprises Inc. reported second quarter financial results this week that did not impress Wall Street. The California-based company reported a widening net loss Wednesday and saw its stock halted near ...
MedMen is Laying Off Even More People
Marijuana Stocks

MedMen is Laying Off Even More People

by Sophia Vida December 13, 2019
MedMen, a United States-based cannabis company with operations in Arizona, Illinois, California, Nevada, New York, and Florida, has announced yet another round of layoffs. The vertically integrated marijuana company announced...
MedMen Revenue Explodes But Still Misses Wall Street’s Expectations
Spotlight Stock

MedMen Revenue Explodes But Still Misses Wall Street’s Expectations

by Sophia Vida November 30, 2019
MedMen Enterprises Inc. reported its fiscal first quarter financial report and despite a big jump in revenues, the company still missed expectations. It was this past Tuesday that the American cannabis company reported that r...
MedMen and PharmaCann Terminate Cannabis Merger
Trends & Articles

MedMen and PharmaCann Terminate Cannabis Merger

by Sophia Vida October 09, 2019
It was a shocking day in the legal marijuana industry when MedMen and PharmaCann revealed that they have terminated their $682 million cannabis merger. It was also announced that MedMen's CFO had been ousted. Los Angeles-based ...
MedMen’s CEO Had This to Say About South Park’s Parody
Trends & Articles

MedMen’s CEO Had This to Say About South Park’s Parody

by Sophia Vida October 09, 2019
MedMen CEO had much to say about a brutal parody from hit cartoon show South Park. MedMen’s CEO Adam Bierman, said, "I'm humbled by South Park’s parody. You know, we've always said in order to mainstream marijuana, in order...
MedMen Closes on Initial $80 million Tranche of Funding
Featured

MedMen Closes on Initial $80 million Tranche of Funding

by Sophia Vida May 24, 2019
MedMen, which has a marijuana dispensaries that provide a wide range of best and high quality cannabis products, has announced that it has received an $80 million trench of funding from New York private equity group Gotham Green P...
UC San Diego Scientists are Mad at MedMen Billboards
Trends & Articles

UC San Diego Scientists are Mad at MedMen Billboards

by Sophia Vida May 24, 2019
A column published in the Journal of the American Medical Association has John Ayers, Ph.D. of UC San Diego, pushing for government agencies to regulate the branding practices of cannabis retailers. Ayers referenced the nationa...
The Holiday Season Could Be Big for Marijuana Sales
Trends & Articles

The Holiday Season Could Be Big for Marijuana Sales

by Sophia Vida December 15, 2018
Last year, the three states where recreational marijuana were legal: Colorado, Nevada, and Washington, saw a 10% increase over the week of Thanksgiving when it came to sales. The states then saw a 22% increase in sales a week b...
Marijuana Producer MedMen Enterprises Sales Grew Over 1,000%
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Marijuana Producer MedMen Enterprises Sales Grew Over 1,000%

by Sophia Vida November 30, 2018
Marijuana producer MedMen which just went public this past May, reported first quarter fiscal year 2019 financial results this week that showed an increase of over 1,000% in sales. "Our first quarter performance underlines the ...

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