Thursday, February 08, 2018 1:29:20 PM
California-based private cannabis company MedMen plans to go public on the Canadian market during the second quarter of 2018. Last quarter the company announced they were looking for a partner for a reverse takeover in place of an IPO. Recently Canada-based Captor Capital (CSE:CPTR) (OTC:NWURF) signed a Letter-of-Intent with the company to acquire a three-percent stake for $30 million, upping their valuation to a cool $1 billion. Many outlets, such as The Green Market Report, are calling MedMen cannabis’ first “unicorn” company.
https://www.potnetwork.com/news/medmen-looks-head-north-other-us-cannabis-companies
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