Marijuana Stocks to Watch: MedMen Enterprises

cannabis penny stocks to watch

Marijuana Stocks to Watch: MedMen Enterprises (CSE:MMEN) (OTCQB:MMNFF)

MedMen stock is trading down $0.05, or -0.93%, bringing the stock price to $5.30 currently on the Canadian Securities Exchange. The stock price has hit a low of $5.21 and a high of $5.60. The Company's trading volume is 380,150. So far, there have been 862 stock trades. MedMen has a market cap of $156.54 million, with 28.78 million shares in issue. MedMen recently acquired Seven Point dispensary, expanding its reach into the Chicago market. The Company also announced that it has closed an additional tranche of its senior secured term loan facility. MedMen will use the loan for acquisitions, capital expenditures, along with other corporate expenses.

Marijuana Stocks to Watch: MedMen Enterprises (CSE:MMEN) (OTCQB:MMNFF)

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