MedMen Enterprises Inc (MMEN)

[bobo62]

Walmart, Target, Samsclub….are terrible examples. Walmart owns its real estate. None of these companies have raped the company of serious dollars in the first two years of operation for their own personal gains at stock holder expense. Medmen has a great idea and could have flourished if only they didn't take on so much debt. Their model won't be around if they can't produce product. They can't keep buying the product (100% in California) if they do not have money. So they will sit with the overhead of retail stores and no money to put product into them. They need to grow to reduce the cost and increase the profits. They pay a premium for the weed they buy to resell. $1800 pound! they could have grown the same for 1/4th the cost. With the model they have setup, they have to grow.