Tag Archives: MMNFF

Tilray Acquires Majority Position In Amended MedMen Convertible Notes, Accelerating Path Into US Can

Tilray, Inc. (NASDAQ:TLRY), and MedMen Enterprises Inc. (CSE:MMEN) (OTCQX:MMNFF), announced on Tuesday Tilray has acquired the majority of MedMen’s outstanding senior secured convertible notes that were originally held by certain funds affiliated with Gotham Green Partners, LLC (GGP) and others.

What’s In It For Tilray? For starters, the investment provides Tilray with a potential accelerated path into the U.S. cannabis market upon federal legalization via a significant equity position in MedMen through conversion of the notes and the ability to exercise....More>>>