Grizzle’s Latest Update & Opinions On MedMen

Grizzle essentially broke the story of MedMen’s state of affairs a couple of weeks back, the market was semi aware but nobody had formalized exactly what the issues were. Grizzle’s latest headline “MEDMEN CONFIRMS RUMOURS, IN THE MIDDLE OF A “NON-BANKRUPTCY” indicates they are less than convinced by Bierman’s Reddit outing at the end of last week and say, “If MedMen ends up paying off the $54 million of receivables with shares, currently valued at $0.48, the share count will increase by 21% effectively cutting the value of each share by 17%. ”   Here’s the Grizzle report which is…

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Source : CANNANNEW REPORT
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