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MedMen Enterprises Establishes At-the-Market Equity Financing Program


On April 10, 2019, MedMen Enterprises Inc. entered into an equity distribution agreement with Canaccord Genuity Corp., as sole agent, and filed a prospectus supplement to MedMen’s short form base shelf prospectus dated March 26, 2019, pursuant to which MedMen may, from time to time, sell Class B subordinate voting shares in the capital of MedMen at trading prices prevailing at the time of sale for aggregate gross proceeds of up to $60 million.

Cassels Brock acted for MedMen with a deal team that included Shaun Khullar (Securities and Cannabis).

RELATED EXPERTISE: Cannabis | Securities