LOS ANGELES--(BUSINESS WIRE)--MedMen Enterprises Inc. (“MedMen“ or the “Company“) (CSE: MMEN) (OTCQB: MMNFF) is pleased to announce today that the OTC Markets Group has approved the listing of the Company’s subordinate voting shares on its OTCQB Venture Market under the ticker symbol “MMNFF”. MedMen’s subordinate voting shares will begin trading on the OTCQB at the opening of the market on Monday, June 18th. The Company’s subordinate voting shares continue to be listed on the Canadian Stock Exchange (CSE) under the ticker symbol "MMEN". MedMen’s subordinate voting shares are also eligible to be deposited into the Depository Trust Company (DTC), one of the world’s largest securities depositories and electronic clearing and settlement service provider, for its common shares trading under OTC.
"With our subordinate voting shares now trading on the OTC, U.S. investors can more easily access one of the leading cannabis companies in the country with assets in the top strategic markets: California, Nevada, and New York,” said Adam Bierman, MedMen’s co-founder and chief executive. “Following our recent listing on the CSE, this is another important milestone to the growth of our enterprise. We are committed to maximizing long-term shareholder value by focusing on our track record of execution. We will continue to build a real footprint with real assets across the full cannabis vertical in the most strategic markets in this emerging industry.”
MedMen Enterprises is the preeminent cannabis company in the United States with multiple assets and operations in California, Nevada, and New York. MedMen owns and operates licensed cannabis facilities in cultivation, manufacturing and retail, and is one of the most well recognized cannabis brands in the world today. Headquartered in Los Angeles, MedMen employs more than 800 workers across the United States. It was founded in 2010 by Adam Bierman and Andrew Modlin, two visionary entrepreneurs who saw not just a tremendous business opportunity in the growing legalization of marijuana, but a chance to re-define our society’s relationship with cannabis. MedMen supports sensible, clear and just drug laws. The Company is the single largest financial supporter of progressive marijuana laws at the local, state and federal levels, giving directly to pro-legalization groups, industry organizations and political candidates. For more information, visit http://www.medmen.com or follow us on Facebook, Twitter or Instagram.
Source: MedMen Enterprises