Medmen Enterprises (OTCMKTS:MMNFF) Now Covered by Analysts at Cowen

Equities research analysts at Cowen assumed coverage on shares of Medmen Enterprises (OTCMKTS:MMNFF) in a research note issued on Friday, The Fly reports. The brokerage set an “underperform” rating on the stock.

OTCMKTS MMNFF traded down $0.06 during mid-day trading on Friday, reaching $1.80. 624,443 shares of the stock were exchanged, compared to its average volume of 1,112,794. Medmen Enterprises has a 1-year low of $1.72 and a 1-year high of $7.57. The business’s fifty day simple moving average is $1.97 and its 200 day simple moving average is $2.43.

Medmen Enterprises Company Profile

MedMen Enterprises Inc, together with its subsidiaries, operates as a cannabis company in the United States. The company cultivates, produces, and distributes, and retails recreational and medicinal cannabis. As of November 1, 2018, it had licenses for 69 retail stores; and 17 cultivation and production facilities across 12 states.

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