California Nevada New York Florida · Florida Store Openings Financial Highlights Licensed for¹ 70...
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Florida Store Openings Financial Highlights Licensed for ¹ 70 Retail Locations 32 Operating Stores 9 States $ 42 M Revenue 50 % Gross Margin 15 % Quarter-over-Quarter Sales Growth MedMen.com 1. Includes footprint to be acquired through pending acquisitions in California and Michigan. MedMen anticipates 37 operational stores by year end. 5. Includes pending acquisitions in California and Michigan. Currently Licenced for 70 Retail Locations 5 MedMen Gives Back waiting photo Buds + Delivery Financial Highlights O4 This document contains “forward-looking statements” and “forward-looking information” within the meaning of applicable securities laws with respect to the Company, including statements with respect to anticipated operational stores by the end of 2019. These statements are made on the basis of certain assumptions and are subject to numerous risks. This document also refers to certain financial or performance measures that are not prepared in accordance with International Financial Reporting Standards. Please see “Forward-Looking Information and Risk Acknowledgements” and “Non-IFRS Financial and Performance Measures”, and associated disclosures, in the most recent management discussion and analysis of the Company available at www.medmen.com or at www.sedar.com. 0 20 40 60 80 100 Additional Retail Licenses Operational Stores 2019 EOY Current 2018 2017 7 15 32 33 37 Focus on Increasing Market Share in Core Markets California Nevada New York Florida Now delivers. Shop now at MedMen West Palm Beach MedMen Pensacola MedMen Key West MedMen Jacksonville Beach MedMen St. Petersburg The company expects to open 5 additional stores in Florida this calendar year. Currently open: Jacksonville Beach Key West Orlando Pensacola St. Petersburg Tallahassee West Palm Beach This September, MedMen showed support for Children’s Cancer Awareness Month by partnering with Ronald McDonald House Charities (RMHC), a non-profit dedicated to improving the health and well-being of children and their families. MedMen team members volunteered their time preparing dinners for families staying at Ronald McDonald House locations across the country. The Company expands omni-channel experience by offering customers same-day delivery through MedMen’s fully owned and operated delivery platform across California, Nevada and soon Florida. The launch of MedMen Delivery, follows the introduction of the Company’s new nationwide loyalty program, MedMen Buds. 1. Unlocking further potential of factories 2. Optimizing current retail assets in core markets (CA, NV, NY, IL, MA & FL) 3. Leveraging omni-channel strategy Strategy going forward is based on three key objectives:
Transcript of California Nevada New York Florida · Florida Store Openings Financial Highlights Licensed for¹ 70...
Florida StoreOpenings
Financial Highlights
Licensed for ¹
70Retail Locations
32Operating Stores
9States
$42MRevenue
50%Gross Margin
15%Quarter-over-Quarter
Sales Growth
MedMen.com
1. Includes footprint to be acquired through pending acquisitions in California and Michigan.
MedMenanticipates 37operationalstores by year end.
5. Includes pending acquisitions in California and Michigan.
Currently Licenced for70 Retail Locations5
MedMen Gives Back
waiting photo
Buds + Delivery
FinancialHighlights
O4
This document contains “forward-looking statements” and “forward-looking information” within the meaning of applicable securities laws with respect to the Company, includingstatements with respect to anticipated operational stores by the end of 2019. These statements are made on the basis of certain assumptions and are subject to numerous risks. This document also refers to certain financial or performance measures that are not prepared in accordance with International Financial Reporting Standards. Please see“Forward-Looking Information and Risk Acknowledgements” and “Non-IFRS Financial and Performance Measures”, and associated disclosures, in the most recent management discussion and analysis of the Company available at www.medmen.com or at www.sedar.com.
0
20
40
60
80
100
Additional Retail LicensesOperational Stores
2019 EOYCurrent20182017
715
32
33
37
Focus on Increasing Market Share in Core Markets
California Nevada New York Florida
ArizonaTalking StickNorth ScottsdalePHX Airport
NevadaLV DowntownLV ParadiseLV Spring Valley
CaliforniaAbbot Kinney Beverly HillsDowntown LALAX
Santa AnaKearny Mesa San JoseMonterey Bay
Torrey PinesVenice Beach West Hollywood
Key WestWest Palm
FloridaOak ParkIllinois New York
WilliamsvilleLake Success NYC Bryant ParkGaleville
Now delivers.Shop now at
MedMen.com/DeliveryFree for a limited time.
Delivery available in California & Nevada.To see listings of stores opening soon in your area, visit MedMen.com.
Keep out of reach of children. For use only by adults 21 years of age and older.
MedMen West Palm Beach
MedMen Pensacola
MedMen Key West
MedMen Jacksonville Beach
MedMen St. Petersburg
The company expects to open 5 additional stores in Florida this calendar year. Currently open: Jacksonville BeachKey WestOrlandoPensacolaSt. PetersburgTallahasseeWest Palm Beach
This September, MedMen showed support for Children’s Cancer Awareness Month by partnering with Ronald McDonald House Charities (RMHC), a non-profit dedicated to improving the health and well-being of children and their families. MedMen team members volunteered their time preparing dinners for families staying at Ronald McDonald House locations across the country.
The Company expands omni-channel experience by offering customers same-day delivery through MedMen’s fully owned and operated delivery platform across California, Nevada and soon Florida. The launch of MedMen Delivery, follows the introduction of the Company’s new nationwide loyalty program, MedMen Buds.
1. Unlocking further potential of factories
2. Optimizing current retail assets in core markets (CA, NV, NY, IL, MA & FL)
3. Leveraging omni-channel strategy
Strategy going forward is based on three key objectives:
