MEDMEN ENTERPRISES INC’s shares (MMEN.CN OTCMKTS:MMNFF) have been registering a slight increase (~1.76%) in short interest. MMEN’s total short interest was ~973,500 shares in February as published by FINRA. Its up 1.8% from the previously reported ~956,500 shares. With around 3.8M average volume, it will take short sellers not even a full day to cover their MMNFF’s short positions.
The stock has had better weeks, as of mid Friday it’s down about 4% ($0.18 cad).With a current market cap of $1.76B(cad) MedMen Enterprises Inc. is a cannabis retailer with operations across the U.S. with stores in Los Angeles, Las Vegas and New York. MedMen’s mission is to provide an unparalleled experience that invites the world to discover the remarkable benefits of cannabis because a world where cannabis is legal and regulated is a safer, healthier and happier world. (Learn more at www.medmen.com.) The company cultivates, produces, possesses, and distributes/retails cannabis in the recreational and medicinal marketplace. MedMen(MMEN.CN) To Release Q2 Fiscal 2019 Financial Results In Feb