MedMen Pre-Announces Large Sales Decline and Massive Tax Bill

New Cannabis Ventures
By Alan Brochstein, CFAFeb 12, 2021, 8:37 am198 ptsTrending
Through an SEC filing announcing its inability to file its 10-Q on a timely basis, MedMen (CSE: MMEN) (OTC: MMNFF) disclosed that its financials deteriorated in its fiscal Q2. It suggested that revenue was $33.8 million, which is a decline of 23% from a year ago and below the analyst consensus of $38.8 million.…

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