MedMen Issues Subordinate Voting Shares in Satisfaction of Acquisition Post-Closing Payment

LOS ANGELES--()--MedMen Enterprises Inc. (“MedMen” or the “The Company”), (CSE: MMEN) (OTCQB: MMNFF) a leading cultivator, producer and retailer of state-sanctioned cannabis, announced today that it has issued 602,500 Class B subordinate voting shares at a deemed price of C$4.64 per share as satisfaction for a post-closing payment related to a 2017 acquisition, as had been evidenced by a Secured Promissory Note entered into in Q3 2017.

ABOUT MEDMEN:

MedMen Enterprises is a cannabis company in the U.S. with assets and operations nationwide. Based in Los Angeles, MedMen brings expertise and capital to the cannabis industry and is one of the nation’s largest financial supporters of progressive marijuana laws. Visit http://www.medmen.com

Source: MedMen Enterprises

Contacts

MEDIA CONTACT:
MedMen Enterprises
Briana Chester, 424-888-4260
Senior Publicist
briana.chester@medmen.com
or
INVESTOR RELATIONS CONTACT:
MedMen Enterprises
Stéphanie Van Hassel, 323-705-3025
Head of Investor Relations
investors@medmen.com

Release Summary

MedMen Issues Subordinate Voting Shares in Satisfaction of Acquisition Post-Closing Payment

Contacts

MEDIA CONTACT:
MedMen Enterprises
Briana Chester, 424-888-4260
Senior Publicist
briana.chester@medmen.com
or
INVESTOR RELATIONS CONTACT:
MedMen Enterprises
Stéphanie Van Hassel, 323-705-3025
Head of Investor Relations
investors@medmen.com