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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
Bullboard Posts
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(4)
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Post by ERTguyon Nov 18, 2018 11:36pm
204 Views
Post# 28992596

The optics look bad on so many levels.

The optics look bad on so many levels.In my 12 years of trading I have never seen a revised bought deal, and further to that a CFO resigning just before it was revised.  What’s worse they tried to hide the news in the middle of the night on a friday.  Come on really?   I currently hold no positions and actually sold at a loss from and overnight thursday buy.   Obviously did not see this coming but glad I’m not in for the imminent hammer drop.  What’s worse the CEO actually said they revised the bought deal based on market volatility.  Find me another scenario like this in the last 10 years and I will stand corrected.   Otherwise this comment is total BS.  
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities