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MedMen Enterprises Inc (OTCMKTS:MMNFF) Stock On Radar After Opening Newest Dispensary in Morton Grove

Ian Leigh , , , ,

If you are currently looking into cannabis stocks then it may well be a good time to consider taking a quick look into the MedMen Enterprises Inc (OTCMKTS:MMNFF) stock.

Trading Data     

On Wednesday, MMNFF stock decreased 2.78% to $0.0210 with more than 955.65K shares, compared to volume of 1.58 million shares. The stock moved within a range of $0.0210 – 0.0232 after opening trade at $0.0220.

MedMen Expands Chicago-Area Footprint, Opens Newest Dispensary in Morton Grove

The company is one of the major premier cannabis retailers and currently has operations across the United States. The company was in the news on Wednesday after it announced that it had opened its latest store in the Morton Grove area in Chicago. The latest store is a dispensary spanning across an area of 5000 square feet and would feature a wide assortment of products belonging to some of the more iconic and award winning brands. Products from emerging brands would also be on offer at the store.

The store would offer the full gamut of vaporizers, pre-rolls, tropicals, concentrates and flower to its patrons. The premium products would not only be available at the store but also online. Customers would be able to place orders online and then pick up the products at the store.

The store would be open every day from 9 in the morning until 8 in the evening. The company would also host a grand opening celebratory event on May 19 to mark the occasions.

Ian Leigh

Ian Leigh is a specialist in analyzing stocks, SEC and OTC filings, and financials of public and privately-held companies. He has played a significant role in M&A activity, consulting with publicly-held firms on acquisitions and divestitures. He also consults on valuations and branding. He lectures at major universities and teaches at specialty financial schools.