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MedMen Enterprises Inc - MMNFF STOCK NEWS

Welcome to our dedicated news page for MedMen Enterprises (Ticker: MMNFF), a resource for investors and traders seeking the latest updates and insights on MedMen Enterprises.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect MedMen Enterprises's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of MedMen Enterprises's position in the market.

Rhea-AI Summary
MedMen Enterprises Inc. announced the resignation of CEO Ellen Deutsch Harrison and the appointment of Richard Ormond as Chief Restructuring Officer. Additionally, Executive Chairman Michael Serruya has stepped down from the Board. The company's ticker symbol is MMNFF.
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MedMen Enterprises Inc. (MMEN) announces the completion of the sale of its non-core business operations in Arizona to MINT Cannabis, with pending sale of assets in Nevada. The divestiture aims to optimize the company's operational footprint, as stated by CEO Ellen Deutsch Harrison.
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MedMen Enterprises Inc. (MMEN) Provides Bi-Weekly Default Status Report and Management Cease Trade Order
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MedMen Enterprises Inc. (MMEN) announces the sale of non-core business operations in Arizona and certain assets in Nevada to MINT Cannabis. The transactions will bolster liquidity, reduce liabilities, and allow the company to focus on operating efficiencies and executing its long-term growth strategy.
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MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) has been granted a management cease trade order against the Company’s CEO and CFO by its principal regulator, the British Columbia Securities Commission. The MCTO prohibits trading in the Corporation's securities by the Company’s CEO and CFO until the Company files the Required Filings and the MCTO is revoked. The Company anticipates completing the Required Filings on or before December 13, 2023.
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MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) provides a bi-weekly default status report in accordance with National Policy 12-203 – Management Cease Trade Orders. The company's CEO and CFO are under a management cease trade order until the Required Filings are completed. The Required Filings, including the 2023 annual audited financial statements, were due on October 30, 2023, but are expected to be completed by December 13, 2023. The company confirms its intention to continue satisfying the provisions of the alternative information guidelines described in NP 12-203 for as long as it remains in default of the requirement to file the Required Filings.
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MedMen Enterprises Inc. expects to be late in filing its financial statements and management’s discussion and analysis for the year ended July 1, 2023. The company identified errors in previous reports and will need additional time to complete the filing. The restatement of financial statements will also impact the condensed consolidated financial statements. MedMen has applied for a management cease trade order and will follow alternate information guidelines.
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MedMen Enterprises Inc

OTC:MMNFF

MMNFF Rankings

MMNFF Stock Data

1.53M
1.36B
1.31%
2.25%
Medicinal and Botanical Manufacturing
Manufacturing
Link
US
Culver City