Medmen Enterprises to start trading on OTCQB June 18Medmen Enterprises to start trading on OTCQB June 18
2018-06-18 08:43 ET - News Release
Mr. Daniel Yi reports
MEDMEN SUBORDINATE VOTING SHARES APPROVED FOR INCLUSION ON THE OTC AND BEGIN TRADING ON JUNE 18TH UNDER TICKER SYMBOL MMNFF
The OTC Markets Group has approved the listing of Medmen Enterprises Inc.'s subordinate voting shares on its OTCQB Venture Market under the ticker symbol MMNFF. Medmen's subordinate voting shares will begin trading on the OTCQB at the opening of the market on Monday, June 18. The company's subordinate voting shares continue to be listed on the Canadian Stock Exchange under the ticker symbol MMEN. Medmen's subordinate voting shares are also eligible to be deposited into the Depository Trust Company (DTC), one of the world's largest securities depositories and electronic clearing and settlement service provider, for its common shares trading under OTC.
"With our subordinate voting shares now trading on the OTC, U.S. investors can more easily access one of the leading cannabis companies in the country with assets in the top strategic markets: California, Nevada and New York," said Adam Bierman, Medmen's co-founder and chief executive. "Following our recent listing on the CSE, this is another important milestone to the growth of our enterprise. We are committed to maximizing long-term shareholder value by focusing on our track record of execution. We will continue to build a real footprint with real assets across the full cannabis vertical in the most strategic markets in this emerging industry."
About Medmen Enterprises Inc.
Medmen Enterprises is the pre-eminent cannabis company in the United States with multiple assets and operations in California, Nevada and New York. Medmen owns and operates licensed cannabis facilities in cultivation, manufacturing and retail, and is one of the most well-recognized cannabis brands in the world today.