MedMen Raises $20M In Debt Financing

Law360 (September 17, 2020, 6:20 PM EDT) -- Cannabis retailer MedMen has secured financing worth $20 million through a mix of debt agreements, accepting 18% interest on a portion of the total and offering up generous equity incentives for lenders.

The loans announced Wednesday are led by cannabis private equity fund Gotham Green Partners and family office Stable Road Capital, both of which have lent money to California-based MedMen before. The deals come as the company looks to bounce back from a cash crunch from earlier this year as well as the departure of its two founders.

MedMen Executive Chairman Ben Rose said the loans are votes of confidence...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!