MedMen Enterprises Inc. (OTCMKTS:MMNFF) Stock Sees Buying At Lower Level
MedMen Enterprises Inc. (OTCMKTS:MMNFF) was up 5% after completing a $100 million private placement of units at $0.24 per unit to Serruya Private Equity-led group of investors. Each unit comprises one MedMen share and a 0.25 share purchase warrant, and each whole warrant permits warrant holders to acquire one MedMen stake for five years from the day of issuance at $0.288 per share. Notably, the units issued to some funds…