GREY:MMNFQ - Post by User
Post by
duediligence123on Jun 12, 2018 10:04am
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Post# 28159030
For these posters that say they are only a storefront....
For these posters that say they are only a storefront.... Medmen's operations can be divided into three segments:
- Cultivation: The company has cultivation facilities in California, Nevada and New York. These facilities and others in the pipeline could generate more than 50,000 kilograms per year at attractive margins. (Plus the agreement with Cronos to supply them as well)
- Production: The company has production and extraction space that could yield about 6,000 kilograms per year of extract. These facilities also adhere to strict food-grade standards to ensure the highest quality.
- Retail: The company has 12 branded stores in California, New York and Nevada, with plans for additional outlets across the U.S. and Canada. It’s early mover advantage in sub-markets, like Los Angeles, Las Vegas, and New York City has also provided it with prime real estate locations.
Please do some DD before investing in any stock (or bashing one without knowing the whole story) GLTA!!