MedMen to Buy Florida Cannabis Operator for $53M

California-based MedMen intends to buy a Florida medical cannabis operation from Treadwell Nursery in a deal worth $53 million, according to the Sun Sentinel. Treadwell, who operates in the cannabis space under the name “Remeny Wellness,” will be transferring its five-acre cultivation site in Eustis and the company’s right to operate up to 25 dispensary locations. MedMen […]

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MedMen Heads to Canadian Securities Exchange

MedMen, a U.S.-based medical cannabis company, is set to begin trading on the Canadian Securities Exchange today after acquiring Ladera Ventures Corp., an oil and gas shell company, the Financial Post reports. The company completed a $143 million raise before heading to the exchange and has an implied value of $2 billion, according to the […]

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MedMen Proposes Reverse Takeover of Canadian Media Company to Access Stock Market

U.S. cannabis company MedMen has announced a proposed reverse takeover of OutdoorPartner Media, which would enable Medmen — a Los Angeles, California-based company — to trade on the Canadian Securities Exchange. MedMen is vertically integrated in three states, including Nevada, New York, and California, where it operates seven licensed retail dispensaries. The deal is worth […]

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MedMen Launches ‘Faces’ Cannabis Ad Campaign in California

MedMen, producers of cannabis products in two states, are rolling out an advertising campaign in California called “Faces” which will feature close-ups of customers’ faces with phrases such as “Relax. It’s legal,” and “Heal. It’s legal,” CNBC reports. Daniel Yi, MedMen president of corporate communications, called the campaign, which will feature billboards and truck advertising, […]

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