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Earnings: MedMen Q1 Revenue Increases 13% to $39.8M
Tuesday, November 9, 2021 - 7:27pm | 510MedMen Enterprises Inc. CSE: MMEN) (OTCQX: MMNFF), a premier cannabis retailer with operations across the U.S., announced its financial results on Tuesday evening for the first fiscal quarter of 2022 that ended September 25, 2021. First Quarter Financial Highlights: Net revenue across...
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MedMen Appoints New COO: Roz Lipsey Takes The Reins
Monday, October 25, 2021 - 11:26am | 493Cannabis retailer MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) announced Monday it has promoted Roz Lipsey to a chief operating officer, succeeding Tim Bossidy, who has served as an interim COO since 2020. Lipsey has been part of the company's executive management team since 2020....
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LitHouse Farms to Manage MedMen's California And Nevada-Based Cultivation Facilities
Monday, October 4, 2021 - 12:54pm | 454Cannabis retailer MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) disclosed Friday that LitHouse Farms will oversee operations at the two facilities it leases in Desert Hot Springs, California and Sparks, Nevada. The Califonia cultivator agreed to manage growing and manufacturing at each of the...
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MedMen Reports 55% YoY Increase In Q4 2021 Revenue, Continues 2.0 Growth Plan After Partnering With Tilray And Serruya Private Equity
Friday, September 24, 2021 - 8:23am | 691Cannabis retailer MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) reported its consolidated financial results Thursday for its fourth quarter and for the fiscal year ended June 26, revealing a 55.4% year-over-year and 18.5% sequential increase in revenue to $42 million in the last three...
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MedMen Announces $100M Equity Investment On Heels Of Tilray Buying Its Convertible Debt, Deal Led By Serruya Private Equity
Wednesday, August 18, 2021 - 9:10am | 446Cannabis retailer MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) has secured $100 million in financing through a private placement of its units. Investors, led by Serruya Private Equity, agreed to purchase $100 million of the Los Angeles-based company's units at a purchase price of $0.24...
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MedMen Shares Slightly Up On The Best Quarterly Net Loss Result Since It Went Public
Wednesday, May 12, 2021 - 12:15pm | 495MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) reported Tuesday its third-quarter fiscal 2021 financial earnings with net revenue of $31.7 million, compared to $45.9 million in the same period of fiscal 2020. Financial Highlights The cannabis retailer further disclosed total net revenue...
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MedMen CEO Says 'Future Has Never Been Brighter' On Heels Of $16M Private Placement Deal
Thursday, March 18, 2021 - 11:59am | 315MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) raised CA$20 million ($16.05 million) by selling units at a price of CA$0.40 per unit. The cannabis retailer plans to use the raised money to advance its operations in Florida. At the moment, MedMen owns 16 leased dispensary locations with four...
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TE Connectivity Acquires Creganna Medical Group For $895 Million
Tuesday, February 2, 2016 - 12:38pm | 197Shares of TE Connectivity Ltd (NYSE: TEL) were trading lower by nearly 4 percent on Tuesday following the company's announcement that it has agreed to acquire Creganna Medical group for $895 million. Creganna Medial is a designer and manufacturer of minimally invasive delivery and access...
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TE Connectivity Little Changed Following Better-Than-Expected Q1, Outlook
Wednesday, January 20, 2016 - 9:19am | 306Shares of TE Connectivity Ltd (NYSE: TEL) were trading nearly flat on Wednesday morning after the company reported its first quarter results and offered an outlook towards the remainder of the year. TE Connectivity reported that it earned $0.84 per share on revenue of $2.83 billion. Wall Street...