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MedMen Enterprises, Inc.

Operating

Retail & Consumer · Los Angeles, CA

Estimated pre-money ⓘ
$180.0M
As of Mar 2022 · from Reg A Offering (2022) · our estimate: offering price × shares outstanding, not a stated valuation
Total raised
$47,443,897
Crowd $0 · Private $47.4M · 4 rounds since 2019
Latest share price
$0.15
Reg A Offering (2022) offering price

Financials

FY2020–FY2022 · from SEC filings · hover any figure for its source
$155.3M
$526.5M
2020
$145.1M
$157.6M
2021
$169.8M
$210.9M
2022
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2020 audited
FY2021 audited
FY2022 audited
Income statement
Revenue
$155,288,989
$145,065,771
$169,837,817
Cost of goods sold
$2,415,360
$2,681,902
$1,589,857
Gross margin
98%
98%
99%
Net income
$526,530,440
$157,597,759
$210,893,909
Taxes paid
-$40,932,765
$1,834,188
-$9,896,186
Balance sheet
Cash
$9,598,736
$11,873,256
$10,795,999
Accounts receivable
$9,369,000
$7,618,174
$7,539,767
Total assets
$574,263,553
$472,463,690
$323,223,684
Long-term debt
$205,188,000
—
—
Total liabilities
$751,152,033
$726,097,309
$641,736,420
Other
Headcount
513
—
—

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$180.0M
est. pre-money
Reg A+ · Equity · Mar 2022

Dotted grey bars are our estimate for rounds that didn't state one: the round's share price × the shares outstanding in its filings. Same measure as blue, but rougher.

Cap table

Share counts as of Mar 25, 2022
ClassOutstandingVotes / shareShare of totalLast price
Class B Subordinate Voting Sha1,200,227,625—100.0%—

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Raised $0 / $20MEst. pre-money $180M
Raised $17.4MInvestors 5
Raised $30MInvestors 1
Raised $125MInvestors 1

Team

8 people
Michael Serruya
Interim Chief Executive Officer and Director
Ana Bowman
Chief Financial Officer
Rozlyn Lipsey
Chief Operating Officer
Tyson Rossi
Chief Strategy Officer
Cameron Smith
Director
David Hsu
Director
Ed Record
Director
Melvin Elias
Director

Names and titles as disclosed on SEC Form 1-A. Bios and photos come from the platform campaign page and may be out of date.

  • Form 10-QJul 10, 20230001776932-23-000015
    EDGAR
  • Form 10-QFeb 2, 20230001776932-23-000005
    EDGAR
  • Form 10-QNov 3, 20220001829126-22-018581
    EDGAR
  • Form 10-KSep 9, 20220001829126-22-016532
    EDGAR
  • Form 10-QMay 10, 20220001829126-22-010301
    EDGAR
  • Form 1-AMar 25, 20220001829126-22-006715
    EDGAR
  • Form 10-QFeb 8, 20220001829126-22-003192
    EDGAR
  • Form 10-QNov 9, 20210001829126-21-013947
    EDGAR
Source: SEC EDGARCIK 0001776932British Columbia, CanadaShare price $0.15Last synced Aug 16, 2026

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.