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Medmen Enterprises Inc MMNFQ

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

Bullboard Posts
Comment by Gaboraon Nov 26, 2019 10:21pm
68 Views
Post# 30396356

RE:its funny how some people are spinning these financials

RE:its funny how some people are spinning these financials
I would not worry too much. I think whatever news has been priced into the stock already.

The numbers look good.  There would have been a lot of one time charges attributed to their reported loss for this quarter.

They are operating 33 stores.  A lot of startup cost, rent, saleries, advertising... ect.

Showing a lot of growth and earnings potential.  They are making money.  Profits will follow in the future.

Would not be suprise to see green tommorow.  Then again, there is an all out asault in the weed sector. All weed stocks are getting hammered.

Good luck tommorow.
Bullboard Posts