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