Tag: shuffling deckchairs while the Titanic takes on water
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This is an actual MedMen (MMEN.C) news release
When a cannabis company loses a lot of money every quarter, and has to sell real estate, cancel acquisitions, lay off staff, renegotiate existing financing to higher interest rates and offer stock to new financiers at a discount to the market price, all to stay afloat, one might expect their newsflow to show bold new…