The difficulties faced by the cannabis sector for most of the year so far are well documented, and many of the best-known companies in the industry have seen their stock prices plunge from lofty heights. The situation has been the same for MedMen Enterprises (CSE:MMEN) (OTCQX:MMNFF), and MedMen stock has actually performed worse than many other cannabis stocks—but why?
Continuous Sell-OffIn 12 months, MedMen stock has lost as much as 75% of its value. The shares have started sliding again and recently touched a 52-week low. Considering the fact that the company has an extensive ...
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