MedMen Receives $250M Investment From Gotham Green Partners

Posted by Alex Oleinic

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Medmen Enterprises Inc MMNFF 4.41% remains an attractive company to institutional investors. On Friday, the company signed an agreement for a convertible credit facility of up to $250 million from Gotham Green Partners.

MedMen’s subsidiary, MM CAN USA, Inc. will issue convertible senior secured notes totaling up to $250 million on a private placement basis. The notes will be issued in three tranches. The initial tranche will total $100 million, while the other two will be equally split into $75 million each and will be issuable at the option of MedMen, subject to…Click here for full article.