MJ Biz Report – MedMen reports $96 million loss “Grim”

MJ Biz Report – MedMen reports million loss “Grim”

California-based MedMen Enterprises, a once-thriving multistate marijuana retailer, released a “grim” quarterly financial report that detailed a whopping $96.4 million net loss in its fiscal 2020 second quarter. Writes MJ Biz. That loss was 49.3% greater than the $64.6 million loss the company reported during the same period in 2018. Its most recent quarter ended Dec. 28, 2019. Read the full report at Multistate cannabis operator MedMen reports $96 million loss THE REPORT MedMen_Enterprises_Inc._-_Financial_Statements_12-28-2019_-_Final  

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Source : CANNANNEW REPORT
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