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 ...
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 ...
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...
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...
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 ...
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...
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...
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...
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...
Spotlight Stock 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 ...
