Medmen Enterprises Inc MMNFQ

MedMen

[GrimesInvestor]

Ladies and Gents,

What went so wrong with MedMen? Adam stepped down and no, he wasnt the greatest CEO yet he did have a passion and integrity that showed. I dont know much about the new CEO. I will continue to conduct some reserarch.

I made a lot of money here before and its a good spot to buy if you want to bet against bankruptcy.

Is it worth the risk? Lets hear what you have to say,

[GrimesInvestor]

In their last Q result unaudited they took over a 5 billion hit for impairment expense... Wonder what they could have wrote that off on. The benefit of it is they pay little to no taxes at year end,

[jb24]

your're nuts

[GaZillionaire1]

This post has been removed in accordance with Community Policy

[jb24]

My sentiments exactly. The new CEO just dropped overhead by 132 million. That's not counting the restructuring of rent and debt. the point is, making sure the company structure is in place to profitability and the thieves have been kicked out. Now - with the huge revenues pushing toward 50 + million /q, shareprice is bottom bouncing now with nowhere to go but up. Cramer says gamble big to make

[GrimesInvestor]

Its an interesting play. I did see all these insiders selling on the 25th of August.  Filed 2020-08-25 15:03   Tx date 2020-08-11 $MMEN  MedMen Enterprises Inc. (formerly Ladera Ventures Corp.) Modlin, Andrew Max 4 - Director of Issuer, 5 - Senior Officer of Issuer Direct Ownership

[GrimesInvestor]

Thanks for the post jn24. I think this company is worth the risk/reward.

[jb24]

i think so too. They have great looking stores with great revenue, the opportunity to double capacity with already approved licenced additional locations. Just a little more tightening of the operation and it should be clear sailing.