MINT Cannabis /
MedMen Enterprises Inc.
MINT Cannabis to purchase MedMen operations and assets
What happened
MedMen Enterprises Inc. agreed to sell its non-core business operations in Arizona and certain assets in Nevada to an affiliate of MINT Cannabis. The transactions include MedMen’s wholly-owned operating subsidiary in Arizona and two operating dispensaries in Clark County, Nevada.
Consideration includes a minimum of an aggregate of $24.0 million of cash, short-term seller notes in the principal amount of $5.5 million, and the assumption of certain liabilities.
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MINT Cannabis to purchase MedMen operations and assets
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