MedMen Enterprises Inc (MMEN)

[mrfence]

JUICY!

Potential Reddit stock #1

U.S.-based, Canada-listed MedMen Enterprises (CNSX:MMEN) is a prime candidate for potential Reddit stock. The cannabis dispensary has been beaten down in recent years after the departure of its CEO. When the cannabis stock bubble popped, it pushed MedMen down further.

Now, the stock is trading 97% lower than its all-time high in 2019. Short sellers are betting on an eventual bankruptcy, which means the stock is ripe for a short squeeze and could be a potential Reddit stock. The stock does get some mentions on the popular WallStreetBets Reddit forum.

Some retail investors argue that MedMen’s network of physical dispensaries puts a floor on its valuation. The value of these hard assets could be unlocked by better leadership or a potential merger or acquisition.

In short, there’s plenty of meme-worthy potential here.