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Bullboard - Stock Discussion Forum 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... see more

GREY:MMNFQ - Post Discussion

Medmen Enterprises Inc > MMEN should be no less then 38 cents Canadian
View:
Post by PotLuck444 on Jul 14, 2020 8:51am

MMEN should be no less then 38 cents Canadian

as of June 30, 2020, was amended to 34 U.S. cents per Class B subordinate voting share of the company. As additional consideration, a fee of $2.0-million (U.S.) was paid to the lenders under the convertible facility through the issuance of additional notes, which notes have a conversion price per subordinate voting share equal to 28 U.S. cents, which represents a 30-per-cent premium to the five-day volume-weighted average trading price of the subordinate voting shares as of and including June 30, 2020.
Comment by Monty2469 on Jul 15, 2020 7:28pm
Still hopeful for this one to come around. Averaging down a bit here and there. Bought another 10000 shares for 25 cents Canadian today.
Comment by JesseB on Jul 19, 2020 11:42am
I did the opposite. Sold my last remaining shares. They are too leveraged towards expensive tourist locations that are underperforming right now and GGP will convert so much debt into shares the dilution will kill you. Good luck.
Comment by PotLuck444 on Jul 22, 2020 7:05am
Let's open at 26 cents Then climb it to 30 cents. Glta
Comment by PotLuck444 on Aug 06, 2020 8:00pm
Hahaha just stupid 1 seller. Glta Buyers & Holders
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