Post by
Donwaan on Jan 24, 2024 10:35pm
And another one bites the dust..
Medmen's demise,the two toughest markets due to illegal pot are in CA and NY. https://www.marketwatch.com/story/medmen-goes-from-height-of-3b-valuation-to-zero-as-stock-draws-cease-trade-order-f5e3788f?mod=home-page
Comment by
quinlash on Jan 24, 2024 11:16pm
Medmen has no connection to Canopy and it was mostly a distributor (I believe). Canopy is a licensed producer. The qtr report is out soon enough. Expecting good reductions in expenses this go around and their new products will help as well Jmho