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home / news releases / CGC - MedMen: Growing Pains


CGC - MedMen: Growing Pains

All images are from MedMen's May 2019 investor presentation, unless otherwise noted.

Summary

MedMen (MMNFF) is a California-based cannabis company that has perhaps the strongest brand in the sector. MedMen has 36 dispensaries (including pending acquisitions such as PharmaCann and One Love) and has the second-highest pro forma revenue in U.S. cannabis with strong gross margins and growth prospects.

However, MedMen also has the highest operating costs in the U.S. sector and a net debt position that will only worsen as they take on a $250 million secured convertible loan from

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Stock Information

Company Name: Canopy Growth Corporation
Stock Symbol: CGC
Market: NYSE
Website: canopygrowth.com

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