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HugeMoneyon Oct 17, 2019 2:23pm
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MMEN - NEWS OUT
MMEN - NEWS OUT | This Month's Highlights
10.15.2019 MedMen announces the opening of its new location in Jacksonville Beach, Florida. This is the fifth of 12 locations MedMen plans to open in Florida this calendar year. This brings MedMen's total national footprint to 30 operating stores. Read More> The company expects to open 7 additional stores in Florida this calendar year. 10.11.2019 Stacey Hallerman resigned from MedMen's Board of Directors to serve as Chief Administrative Officer and General Counsel at Lowell Herb Co. Lowell was one of MedMen's first strategic investments into a cannabis brand when, in July 2018, the Company announced an investment in Lowell Herb Co. At the time, a main driver for the investment was that Lowell and MedMen shared a similar vision of cannabis as a consumer product, and that shared vision endures. MedMen wishes Ms. Hallerman all the best in her new role. Read More > | MedMen continues to expand its retail footprint in Florida with the opening of three new retail locations in St. Petersburg, Key West, and Pensacola. Along with the West Palm Beach location, MedMen has four operational stores in Florida, with eight additional store openings planned for calendar year 2019. MedMen is licensed for a total of 35 retail locations in Florida, the third most populous state in the U.S, with a robust medical cannabis program serving over 260,000 qualified patients. MedMen Buds, the Company's new loyalty program, and same-day delivery will be available to Florida patients at each of the new locations. Read More > | | 09.16.2019 With California delivery now underway, MedMen expands its industry-leading retail offering by launching delivery in Nevada. Orders are eligible for delivery within a 25-mile radius of a MedMen store, and every order qualifies for rewards with the MedMen loyalty program, MedMen Buds. Residents of Southern Nevada can now access quality cannabis and enjoy MedMen's unparalleled retail experience and customer service in a short delivery time frame from the comfort of their own homes. For a limited time, customers will enjoy delivery free of charge. Read More > | | 09.10.2019 On September 9, 2019 the waiting period for the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act) expired. MedMen hopes this milestone paves the way for other cannabis M&A in what has become a highly acquisitive and dynamic industry. Read More > | | 09.04.2019 MedMen further enhanced the Company's California footprint, adding a flagship location in Southern California's third largest city, Long Beach, through the closing of its previously announced acquisition of MattnJeremy, Inc. d/b/a One Love Beach Club. One Love is situated ideally between MedMen's Santa Ana and LAX stores and will serve as a hub for MedMen's delivery launch across Long Beach and its surrounding communities. Including pending acquisitions, MedMen is licensed for 17 stores across California, of which 13 are operational. The Company's nationwide loyalty program, MedMen Buds, will be available to all Long Beach customers. Read More > | |