menu search

MMNFF / Cannabis Retailer MedMen Extends Maturity Date Of Commercial Loan Agreement

Cannabis Retailer MedMen Extends Maturity Date Of Commercial Loan Agreement
Cannabis retailer MedMen Enterprises Inc. MMEN MMNFF, announced that it has extended the maturity date of the term and made certain other amendments to its commercial loan agreement, of an aggregate outstanding principal balance of approximately $114.3 million, dated as of October 1, 2018,  entered into by its subsidiary MM CAN USA, Inc. The Amendments extend the stated maturity date of the term loans for a period of six months and provide that certain definitive documentation with respect to the conditional purchase of the term loans by a note holder under the company's senior secured convertible securities purchase agreement dated August 17, 2021 must be entered within 45 days or the stated maturity date of the term loans become due. Read More
Posted: Feb 2 2022, 08:41
Author Name: Benzinga
Views: 102768

MMNFF News  

Ticking Time Bombs: 3 Cannabis Stocks to Dump Before the Damage Is Done

By InvestorPlace
October 1, 2023

Ticking Time Bombs: 3 Cannabis Stocks to Dump Before the Damage Is Done

The North American cannabis market is booming in 2023, thanks to the legalization of recreational and medical marijuana in several states and province more_horizontal

Cannabis Pioneer MedMen Names Fifth CEO In 3 Years As Company Teeters On Brink Of Collapse

By Forbes
July 5, 2023

Cannabis Pioneer MedMen Names Fifth CEO In 3 Years As Company Teeters On Brink Of Collapse

MedMen in 2018 became the first marijuana company to achieve a $1 billion valuation, but the company is now short on cash and is nearing collapse. more_horizontal

MedMen appoints Ellen Deutsch as CEO

By Market Watch
July 5, 2023

MedMen appoints Ellen Deutsch as CEO

MedMen Enterprises Inc. CA:MMEN, the struggling U.S. cannabis retailer, on Wednesday appointed Ellen Deutsch as its new chief executive, and said Amit more_horizontal

MedMen CFO Bowman resigns

By Market Watch
June 16, 2023

MedMen CFO Bowman resigns

Cannabis retailer MedMen Enterprises Inc. MMEN, on Friday announced the resignation of Chief Financial Officer Ana Bowman, effective June 29. Bowman h more_horizontal

2 Marijuana Stocks On Watch Before June

By MarijuanaStocks
May 27, 2023

2 Marijuana Stocks On Watch Before June

Are you looking for the best marijuana stocks to buy before June? This month, bipartisan United States House and Senate lawmakers reintroduced the SAF more_horizontal

Is It Time To Buy Cannabis Stocks? 2 Under $1 To Watch

By MarijuanaStocks
May 25, 2023

Is It Time To Buy Cannabis Stocks? 2 Under $1 To Watch

Are you looking for the best marijuana stocks to buy at the end of May? This month, bipartisan United States House and Senate lawmakers resurrected th more_horizontal

Are Penny Stocks On Your List For May? 3 Cannabis Stocks To Watch This Week

By MarijuanaStocks
May 17, 2023

Are Penny Stocks On Your List For May? 3 Cannabis Stocks To Watch This Week

Are These Penny Pot Stocks On Your List For May? The post Are Penny Stocks On Your List For May? 3 Cannabis Stocks To Watch This Week appeared first o more_horizontal

Cannabis exec Adam Bierman wins MedMen arbitration settlement and eyes pot biz again

By Market Watch
March 22, 2023

Cannabis exec Adam Bierman wins MedMen arbitration settlement and eyes pot biz again

Adam Bierman made a name for himself as a co-founder of MedMen in 2010 by modeling cannabis dispensaries after the Apple Store and later announcing wh more_horizontal


Search within

Pages Search Results: