MedMen
Financials
Estimates*
| USD | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | <1m | 37.1m | 116m | 157m | 145m | 141m | 205m |
| % growth | - | 1945122 % | 214 % | 35 % | (8 %) | (3 %) | 46 % |
| EBITDA | (<1m) | (82.6m) | (212m) | (149m) | (54.8m) | (35.6m) | - |
| % EBITDA margin | (6175 %) | (223 %) | (182 %) | (95 %) | (38 %) | (25 %) | - |
| Profit | (<1m) | (63.0m) | (67.1m) | (247m) | (124m) | (195m) | - |
| % profit margin | (6179 %) | (170 %) | (58 %) | (157 %) | (86 %) | (139 %) | - |
| Date | Investors | Amount | Round |
|---|---|---|---|
$15.0m | Seed | ||
$38.0m Valuation: $1.0b 524659.0x EV/LTM Revenues -8496.2x EV/LTM EBITDA | Early VC | ||
| N/A | $100m | IPO | |
* | N/A | $75.0m | Post IPO Equity |
$250m | Post IPO Debt | ||
$30.0m | Post IPO Equity | ||
$27.0m | Post IPO Equity | ||
$20.0m | Post IPO Debt | ||
$10.0m | Post IPO Debt | ||
| N/A | $16.0m | Private Placement VC | |
$166m Valuation: $166m 1.1x EV/LTM Revenues -1.1x EV/LTM EBITDA | Acquisition | ||
| N/A | N/A | - | |
| Total Funding | $69.0m | ||
Related Content
Recent News about MedMen
EditMedMen Enterprises is a prominent player in the cannabis industry, focusing on providing high-quality cannabis products through its dispensaries and delivery services. The company operates in the burgeoning legal cannabis market, which includes both medical and recreational users. MedMen serves a diverse clientele ranging from wellness enthusiasts to recreational users, and those seeking alternative treatments for various health conditions.
MedMen's business model revolves around retail and e-commerce. They operate physical dispensaries where customers can browse and purchase products in person. Additionally, they offer an online platform where customers can order products for delivery or curbside pickup. This dual approach allows MedMen to cater to a wide range of customer preferences, enhancing convenience and accessibility.
The company generates revenue primarily through the sale of various cannabis products. These include cannabis flower, vaporizers, edibles, topicals, pre-rolls, and CBD products. By offering a broad spectrum of products, MedMen can attract different segments of the market, from those seeking traditional cannabis experiences to those looking for wellness-oriented products with minimal euphoric effects.
MedMen also invests in educating its customers through its website and in-store experiences. They provide information on the benefits of cannabis, wellness tips, and cultural content, aiming to create a well-rounded experience for the modern cannabis consumer. This educational approach helps build customer loyalty and positions MedMen as a trusted source in the cannabis industry.
In summary, MedMen Enterprises is a comprehensive cannabis retailer that combines physical dispensaries with an online shopping experience. They serve a wide range of clients in the legal cannabis market, making money through the sale of diverse cannabis products and focusing on customer education and convenience.
Keywords: cannabis, dispensaries, delivery, wellness, CBD, edibles, vaporizers, pre-rolls, e-commerce, retail.
Tech stack
Investments by MedMen
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