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MedMen Files for Bankruptcy

On April 26, multi-state cannabis operator MedMen announced that it has filed for bankruptcy with the Canadian Bankruptcy and Insolvency Act, as of April 24. Recorded liabilities include approximately $561 million CAD, or $411 million USD. MedMen’s bankruptcy trustee B. Riley Farber Inc. was appointed to represent the company and manage outstanding business obligations (debt,… Keep Reading

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