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Medmen Enterprises Inc MMNFQ

Healthcare Cannabis
MedMen Enterprises Inc. is a retail cannabis company with an operational footprint in California, Nevada, Illinois, Massachusetts, and New York. The Company offers a robust selection of high-quality products, including MedMen-owned brands MedMen Red, Moss and LuxLyte, through its premium retail stores, proprietary delivery service, as well as curbside and instore pickup. MedMen Buds, a loyalty program, provides access to promotions, product drops and content. It produces and curates the consumer product assortment for retail operations in its local communities with services and engaging in-store experience, combined with reward, delivery, and e-commerce programs. It also offers buds rewards, where buds members earn points with every purchase, plus exclusive access to drops and deals. The Company also provides gift cards.


GREY:MMNFQ - Post by User

Medmen Enterprises Inc
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Comment by Whatshisfaceon Sep 05, 2018 8:51am
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Post# 28564114

RE:RE:NEWS OUT!!! MEDMEN DISTRIBUTES SHARES TO INVESTORS

RE:RE:NEWS OUT!!! MEDMEN DISTRIBUTES SHARES TO INVESTORSSinply put, this the most tax-friendly form of distribution for the company. By distributing share to the owners of the subordinate company, certain income will be cancelled from the balance sheet for tax purposes. Meaning, Medmen will pay less tax on revenue this fiscal year. However it does represent a 4% total dilution of the stock. Which means more shares are now available for purchase. 4% is very low considering the price has risen by 50+% in the last few weeks.
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