Cannabis News Box

MedMen application for cannabis store license turned down by California officials

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Bethan Rose Jenkins, Cannabis News Writer/Editorial

September 15, 2020

Multistate cannabis operator MedMen Enterprises has been in hot water since the company's top executives faced a $20 million lawsuit last year. In recent news, the Los Angeles-based cannabis MSO has been informed that it cannot obtain a conditional-use permit for the launch of a retail outlet in Pasadena,...

Cannabis firm MedMen finishes first $80 million funding round from Gotham Green

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Bethan Rose Jenkins, Cannabis News Writer/Editorial

June 14, 2019

According to a press release published by MedMen Enterprises Inc. at the end of April, the cannabis company has finalized its initial $80 million funding round of a $250,000 cash injection from Gotham Green Partners. MedMen has “signed a binding term sheet for a senior secured convertible credi...

Cannabis financier Gotham Green Partners to invest $250 million in MedMen

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Bethan Rose Jenkins, Cannabis News Writer/Editorial

April 2, 2019

Finally, something good to report about MedMen. The cannabis company's name has been dragged through the mud quite a lot lately, what with a trail of lawsuits prompting reporters to spit out negative headlines that have undoubtedly tarnished MedMen’s allure. Nonetheless, the company is bouncing back...

Gotham Green Partners