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MedMen Enters into Definitive Documentation for up to US$150 Million Additional Investment from Gotham Green Partners


On March 30, 2020, MedMen Enterprises Inc. announced the execution of definitive agreements to amend its existing senior secured convertible credit facility led by funds affiliated with Gotham Green Partners to provide for up to US$150 million in additional funding to the company. To date, Gotham Green Partners, an investor in the global cannabis industry, and certain co-investors have invested an aggregate of US$147.5 million into the company under the facility.

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

RELATED EXPERTISE: Securities | Cannabis