Company research
MedMen Enterprises, Inc.
CIK 1776932Updated Sep 27, 2026
Securities
Historical securities (1)
MMNFF · OTC · equity · closed May 16, 2024MMNFF price & chart
Historical security
This listing closed May 16, 2024. Live provider charts are shown only for current listings.
In the news
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Recent filings
Financials
FY 2022 · USDSource
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2022 | FY 2021 |
|---|---|---|
| ASSETS | ||
| AssetsUSD | 323,223,684Source | 472,463,690Source |
| Property, Plant and Equipment, NetUSD | 64,107,792Source | 137,830,268Source |
| GoodwillUSD | 9,810,050Source | 32,900,457Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 35,746,114Source | 115,379,528Source |
| Current assets: | ||
| Cash and Cash Equivalents, at Carrying ValueUSD | 10,795,999Source | 11,873,256Source |
| Accounts Receivable | — | — |
| Inventory, NetUSD | 10,010,731Source | 20,093,018Source |
| Assets, CurrentUSD | 161,496,240Source | 96,678,670Source |
| Operating Lease, Right-of-Use AssetUSD | 47,649,270Source | 77,422,356Source |
| Other Assets, NoncurrentUSD | 4,414,219Source | 12,252,411Source |
| LIABILITIES AND EQUITY | ||
| LiabilitiesUSD | 641,736,420Source | 726,097,309Source |
| Stockholders’ equity: | ||
| Additional Paid in CapitalUSD | 1,057,228,873Source | 908,992,686Source |
| Retained Earnings (Accumulated Deficit)USD | -905,420,836Source | -717,232,706Source |
| Stockholders' Equity Attributable to ParentUSD | 151,808,037Source | 191,759,980Source |
| Liabilities and EquityUSD | 323,223,684Source | 472,463,690Source |
| Current liabilities: | ||
| Liabilities, CurrentUSD | 326,417,115Source | 288,607,580Source |
| Operating Lease, Liability, CurrentUSD | 17,750,863Source | 9,235,822Source |
| Operating Lease, Liability, NoncurrentUSD | 44,091,509Source | 99,975,742Source |
| Other Liabilities, NoncurrentUSD | 3,082,277Source | 3,648,904Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | -470,320,773Source | -445,393,599Source |
| Additional Financial Items | ||
| Deferred Tax Liabilities, NetUSD | 61,861,194Source | — |
| Restricted Cash and Investments, CurrentUSD | — | 730Source |
cash flow · annual statements
| Line item | FY 2022 | FY 2021 |
|---|---|---|
| Cash flows from operating activities: | ||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation, Depletion and AmortizationUSD | 25,647,687Source | 33,808,332Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 5,255,074Source | 5,464,146Source |
| Changes in operating assets and liabilities: | ||
| Increase (Decrease) in InventoriesUSD | -4,613,460Source | -583,235Source |
| Deferred Income Tax Expense (Benefit)USD | 13,006,762Source | 64,976,315Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -62,529,441Source | -59,700,010Source |
| Cash flows from investing activities: | ||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -10,874,523Source | 11,228,467Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 9,040,193Source | 6,887,703Source |
| Cash flows from financing activities: | ||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 72,895,049Source | 50,746,063Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 10,795,999Source | — |
| Supplemental disclosure of cash flow information: | ||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 4,342,265Source | 3,943,306Source |
| Additional Financial Items | ||
| Deferred Other Tax Expense (Benefit)USD | -13,321,522Source | -19,570,524Source |
| DepreciationUSD | 24,057,830Source | 31,126,430Source |
| Other Depreciation and Amortization | — | — |
| Derivative, Gain (Loss) on Derivative, NetUSD | -195,186,605Source | -130,509,708Source |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | -26,187,075Source | -838,767Source |
| Gain (Loss) on Disposition of AssetsUSD | 4,452,376Source | 581,051Source |
| Gain (Loss) on Disposition of Intangible AssetsUSD | -4,452,376Source | -669,601Source |
| Gain (Loss) on Termination of LeaseUSD | 4,250,649Source | 17,748,458Source |
| Gain (Loss) on Extinguishment of DebtUSD | -10,274,932Source | 16,142,113Source |
| General and Administrative ExpenseUSD | 108,724,757Source | 124,585,936Source |
| GoodwillUSD | 9,810,050Source | 32,900,457Source |
| Goodwill, Impairment LossUSD | — | 33,469,238Source |
| Impairment of Intangible Assets, Finite-livedUSD | 35,531,877Source | 38,959,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | -165,554,955Source | -145,445,431Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | -12,350,388Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | -45,338,954Source | -12,152,328Source |
| Income Tax Expense (Benefit)USD | -9,896,186Source | 1,834,188Source |
| Inventory Write-downUSD | — | 1,714,000Source |
| Net Income (Loss) Attributable to ParentUSD | 210,893,909Source | 157,597,759Source |
| Operating ExpensesUSD | 238,659,374Source | 134,876,273Source |
| Operating Lease, ExpenseUSD | 24,414,551Source | 34,874,455Source |
| Other Depreciation and AmortizationUSD | 13,002,223Source | 16,779,579Source |
| Other Nonoperating Income (Expense)USD | 6,519,225Source | 76,024,140Source |
| Other Operating Income (Expense), NetUSD | -4,780,798Source | -806,921Source |
| Restricted Cash and Investments, CurrentUSD | — | 730Source |
income statement · annual statements
| Line item | FY 2022 | FY 2021 |
|---|---|---|
| Total RevenueUSD | 169,837,817Source | — |
| Cost of RevenueUSD | 1,589,857Source | 2,681,902Source |
| Operating Income (Loss)USD | -168,931,916Source | -67,587,103Source |
| Other Nonoperating Income (Expense)USD | 6,519,225Source | 76,024,140Source |
| Income Tax Expense (Benefit)USD | -9,896,186Source | 1,834,188Source |
| Net Income (Loss) Attributable to ParentUSD | 210,893,909Source | 157,597,759Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | 530,980,011Source |
| Additional Financial Items | ||
| Current Income Tax Expense (Benefit)USD | -5,376,433Source | -24,147,489Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 12,645,464Source | 17,028,753Source |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | -26,187,075Source | -838,767Source |
| General and Administrative ExpenseUSD | 108,724,757Source | 124,585,936Source |
| Goodwill, Impairment LossUSD | — | 33,469,238Source |
| Gross ProfitUSD | 69,727,458Source | 67,289,170Source |
| Income (Loss) Attributable to Parent, before TaxUSD | -149,847,651Source | -111,993,197Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | -165,554,955Source | -145,445,431Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -175,451,141Source | -143,611,243Source |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | -0.13Source | -0.22Source |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | -0.13Source | -0.22Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | -12,350,388Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | -45,338,954Source | -12,152,328Source |
| Interest Income (Expense), NetUSD | 32,383,954Source | 36,584,365Source |
| Investment Income, NetUSD | -91,594Source | -649,230Source |
| Operating ExpensesUSD | 238,659,374Source | 134,876,273Source |
| Operating Lease, ExpenseUSD | 24,414,551Source | 34,874,455Source |
| Other IncomeUSD | 4,932,319Source | — |
| Other Operating Income (Expense), NetUSD | -4,780,798Source | -806,921Source |
| Selling and Marketing ExpenseUSD | 3,205,697Source | 1,109,210Source |