MedMen Enterprises (
CSE: MMEN,
Forum) announced Wednesday that it has signed a definitive agreement to acquire dispensary and cultivation assets from Florida-based
Treadwell Simpson Partnership and its affiliates. This acquisition includes Treadwell’s cultivation facility and the right to open 25 medical marijuana dispensaries in the state of Florida.
More information can be found
here.
Last week, MedMen began
trading under the Canadian Securities Exchange following the reverse takeover of a Canadian public company and raised approximately $143 million (CDN) through a private placement at an implied enterprise valuation of $2.14 billion.
FULL DISCLOSURE: MedMen Enterprises is a paid client of Stockhouse Publishing.