Monday, 25 March 2019

Sweet green: Medmen scores $250M investment for cannabis retail buildout

More green is pouring into the coffers of rapidly-growing cannabis operator MedMen Enterprises. The Culver City-based company just got a $250 million investment from Gotham Green Partners, which MedMen intends to use to help fund its national retail expansion. The news was announced in a release, according to the Los Angeles Business Journal. The big investment involves an initial $100 million loan secured by MedMen’s stock, which listed on the Canadian Securities Exchange in mid-2018. […]



source https://therealdeal.com/la/2019/03/25/sweet-green-medmen-scores-250m-investment-for-cannabis-retail-buildout/#new_tab

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