Home Financial Markets Penny Stocks So, that's how MedMen Enterprises (OTCQX: MMNFF) stock soared last night

So, that’s how MedMen Enterprises (OTCQX: MMNFF) stock soared last night

At yesterday’s close, the MedMen Enterprises (OTCQX: MMNFF) stock price was up33.93% to $1.29. In contrast to the Average Monthly Volume of 15.10M, the stock price ranged from $1.08to $1.47 during the day, with a volume of 42.71M. When we analyze stocks’ past performance, their 1-week performance was 374.26%, while their 3-month performance was 654.39%.

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MMNFF Business Profile


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MedMen Enterprises (OTCQX: MMNFF) is one of the largest cannabis retailers in the U.S., with branches in Los Angeles, Las Vegas, Chicago, and New York. Through its premium retail stores, proprietary delivery service, curbside and in-store pickup, and MedMen-owned brands, [statemade], LuxLyte, and MedMen Red, MedMen offers a robust selection of high-quality products.

Most Recent Developments

  • February 09, 2021, MedMen Enterprises Inc. (OTCQX: MMNFF) announced to the public that it had engaged Moelis & Company LLC to provide the company with more financial stability and shareholder value.

“We are delighted to work with Moelis as our financial advisor as a testament to the professionalization of the cannabis industry, and the quality of our efforts will serve our customers and strengthen our Company for our employees and shareholders,” noted Tom Lynch, Chairman, and CEO of MedMen.

Finally,

Experts consider that the pharmaceutical industry is entering a golden age. The development of medical science has enabled previously impossible methods of treating and preventing disease. Investing in stocks of this Industry may offer investors a lucrative opportunity in this period.

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