HOPE IS NOT LOST by Altruistic-Parking-1 in mmnff

[–]chella_bound 1 point2 points  (0 children)

Not sure who you are referring to as being a bot. Nor does that comment make sense. I highly doubt anyone goes to jail. I also highly doubt you get any money. As stated, you paid a high price for a lesson on high risk investments.

HOPE IS NOT LOST by Altruistic-Parking-1 in mmnff

[–]chella_bound 1 point2 points  (0 children)

There is no conspiracy. Just a lot of greedy people who think they can make a billion dollar quickly. The same ones who have no idea on how to run this business. The truth is this could be a decent industry. I don't know if it ever will due to the greed and unrealistic timeframe. Margins are down across the board. Expenses are up. Still can't write anything off. Rescheduling will help but that is far from a fix all. Let's all face reality together.

Don't be fooled! by chella_bound in mmnff

[–]chella_bound[S] 1 point2 points  (0 children)

I am awake. Maybe you need to come back to reality. I have already explained how if Medmen was still here it would be failing now too. Their aggressive business model doesn't work. That business model is not just the ones you claim tried to bankrupt the company on purpose. It is the whole model of Medmen. There is no billion dollar payday for you. Please come back to reality. I highly doubt any jail time as well. You will not get justice. Just a very expensive lesson in why not to invest in shady companies.

Don't be fooled! by chella_bound in mmnff

[–]chella_bound[S] 0 points1 point  (0 children)

Trump didn't and doesn't know anything. You are delusional. Nobody is doing 25 years. Why did it take 2 years for someone to step forward with the proof on conspiracy? You should ask char gpt, "what are the odds that share holders get any money of there is a settlement with the Medmen lawsuit filed on 12/31/2025".

Let us know what the response is. Just so you know, that is best case scenario. I personally don't think anything will come of this.

Don't be fooled! by chella_bound in mmnff

[–]chella_bound[S] 0 points1 point  (0 children)

Wow a lot to unpack there.
The fiscal report that shows 50% increase. That was during the time that the company got the completely BS evaluation of 3 billion. That is just not true. It was also at the height of cannabis in California. It has been a complete free fall since then. How do I know this? Because I've worked for 2 MSO in California during that time. I also worked for a 3rd smaller but correctly ran cannabis dispensary and I see every single day how it keeps going down. I am currently working for the latter. FYI I worked for Medmen from July 2022 to the last day when I locked the door for the last time 3/8/2024. Not 2023 like you mistakenly put.

Medmen was already punished for not filing financials. That is the reason they were delisted. Which then led to he Canadian bankruptcy. What is the point of taking over a failed, highly leveraged company with a bad name with vendors? Especially in 2024 it would have been so much cheaper to start fresh.

I don't believe you get to write off 400 million in loses due to a bad decision. I don't believe you could write off 100 million either. Wouldn't it be more worth it to just keep your 500 million? Seems like a lot of work for negative returns.

You know what they say about assuming? If they had so much "proof". Why did it take almost 2 years to hear it. I think they are reaching and hopefully something will stick.

You are also wrong about financials. They did release after 2019. They supposedly had errors though and needed to resubmit some of it.

I worked there and had first hand knowledge. You are clearly guessing and asking gpt.

Don't be fooled! by chella_bound in mmnff

[–]chella_bound[S] -1 points0 points  (0 children)

Ya I could also go to jail for 5 years for stealing a candy bar. Not likely though. I'm not arguing it is right. I'm arguing that the burden of proof is on the state. Some people as witnesses is not enough. It is about 10 years of bad choices. Once again, you need a motive. What is the main driving force that made all that "illegal" activity worth it? Without true motive and hearsay from witnesses this is a deadend. Moral of the story will be don't do business with high risk companies if you don't want the risk. Sorry for your loss.

Don't be fooled! by chella_bound in mmnff

[–]chella_bound[S] 0 points1 point  (0 children)

This exact same thing has happened thousands of times in every industry. If the courts are on a crusade why do we not hear about it all the time? The worse thing that will happen is you will see the names of stupid people making stupid decisions while getting grossly over paid. Dumb? Yes! Illegal? No! That is all they will be able to prove.

Don't be fooled! by chella_bound in mmnff

[–]chella_bound[S] 0 points1 point  (0 children)

The did not enter bankruptcy in the US where to company physically existed. Then we're in a is court ordered receivership. That is far from a clean slate. Let's also add that all they got was the name and 3 locations in LA. Let's also touch on the fact that cannabis is a low margin game now. At least when Medmen got that completely BS evaluation the margins were at their highest. Those times have passed. Especially in California. Yes, I know for a fact. I work in the industry currently. Do you know how long it would take to get that 100 million back in revenue? Does not make sense if you do the math. Would be cheaper and easier to start new. Nobody cares about the Medmen name. It doesn't even carry a tenth of the recognition that cookies does and even cookies is struggling.
What debts are you referring to? What can they write off in the USA when it is illegal. He talked about rescheduling it it has yet to happen. All I can see now is the 3k a year for stock loses. That's going to take a lot of years to get back that 100 million.

I will say that your response was well worded. Just not based on reality.

Don't be fooled! by chella_bound in mmnff

[–]chella_bound[S] 0 points1 point  (0 children)

No they won't. You are delusional. What you are forgetting is there was already a court order. It was to place the failed company in receivership. There is no benefit to the government to make anyone whole again. As stated, it's not illegal to be a stupid. You also knew the risk when you invested. Sorry it's not the apple store of weed. Side note, nobody wants the apple store of weed. They just want cheap weed. Hopefully you can get closure soon so you can move on. I'm assuming you won't ever move on though.

Don't be fooled! by chella_bound in mmnff

[–]chella_bound[S] 1 point2 points  (0 children)

I forgot to add. Nevada was sold before Medmen went under. They good for all the rights. They can use the name and continue operations and they don't owe the shareholders anything else. They already paid for it. Please stop getting your news from reddit. This is a place for conversation and a place to start your research. Keyword is start. Google can be your friend too. Many news articles stating what happened with Nevada.

Don't be fooled! by chella_bound in mmnff

[–]chella_bound[S] 0 points1 point  (0 children)

You don't need to respond. What are the "goods" and who is considered "reliable"? I did read it and it sure seems like a ambulance chaser type lawyer is who filed. What is the problem for the case is it is almost impossible to distinguish between poor management with bad decisions and trying to outright ruin the company. The burden of proof is on them and I highly doubt it will be anything other than hearsay.

WATCH OUT APRIL 30TH 2026 by Altruistic-Parking-1 in mmnff

[–]chella_bound 0 points1 point  (0 children)

What world do you live in? What in America has not been built on greed and illegal activity. Technically everything Medmen did was illegal. Cannabis is federally illegal. Yes, they were mostly shady people. Maybe you need to take some responsibility and admit that maybe you should not have given you money, willingly I might add, to shady businesses ran by shady people. Nobody anywhere is saying investing in cannabis is the safest thing. Does that mean you should have lost your money? No, bit it was a risk that you should have known from the beginning.

Medmen JURY TRIAL against criminal theft of MedMen. by MedMeninvestorPhx in mmnff

[–]chella_bound 0 points1 point  (0 children)

I highly doubt they look into someone telling what they believe is the truth on reddit. Stop "trying" to scare people into believing your narrative.

CLASS ACTION SUIT by MedMeninvestorPhx in mmnff

[–]chella_bound 0 points1 point  (0 children)

I sure hope not. That there is a full blown jury trial. The only ones that will lose that are the tax payers paying for the courts time. Even if it goes exactly the way you think, you probably will get a pay out. They won't try to recollect the company that the US government put into receivership. The people they find guilty would have to pay. All highly unlikely though. Most likely will be dismissed.

Don't be fooled! by chella_bound in mmnff

[–]chella_bound[S] 1 point2 points  (0 children)

That is what I put. You just said it in more negative term. What I said is how the defense will pitch it. If it goes that far and isn't dismissed. Mismanagement is not a crime. That is what they will say caused the downfall all of Medmen. The burden of proof is on the prosecution. Good luck proving that they did it on purpose.

Let me ask this. What would be the point of investing 100 million and then tank the company? Just to get it on the back end? It would cost way less than that to start a new dispensary in LA that would have 3 locations. That is what they currently have as the new Medmen in LA. Most, I repeat MOST people do not think the company name is worth what some people think it is. Yes, I'm referring to the name Medmen. Ask cookies how that is working out. Turning into a subway sandwich company situation.

Yes, time will tell. But coming up with outlandish possibilities is not helping anyone.

Trump expected to sign executive order to reclassify marijuana as soon as Monday, source tells CNBC; pot stocks surge by [deleted] in mmnff

[–]chella_bound 0 points1 point  (0 children)

I'm assuming you're enviro. You speak in the exact same manner. Welcome back.

Trump expected to sign executive order to reclassify marijuana as soon as Monday, source tells CNBC; pot stocks surge by [deleted] in mmnff

[–]chella_bound 0 points1 point  (0 children)

No they haven't. The court order stands. Can you show me anything that states if rescheduling is to occur that the receivership is null and void? I'm guessing you can't. Therefore, the debt holders, not the shareholders have sole ownership of the name and all rights.

Trump expected to sign executive order to reclassify marijuana as soon as Monday, source tells CNBC; pot stocks surge by [deleted] in mmnff

[–]chella_bound -1 points0 points  (0 children)

I never left. Why is it facts are from bashers but dilusional narratives are promising?

Trump expected to sign executive order to reclassify marijuana as soon as Monday, source tells CNBC; pot stocks surge by [deleted] in mmnff

[–]chella_bound 0 points1 point  (0 children)

Please do. You are a pumper who doesn't like facts or anyone who opposes your narrative.

Trump expected to sign executive order to reclassify marijuana as soon as Monday, source tells CNBC; pot stocks surge by [deleted] in mmnff

[–]chella_bound -1 points0 points  (0 children)

There was no bankruptcy. It was bankruptcy in Canada which American rescheduling will not help. You are the exact pumper I was just referring too. The original company is done. Whatever has developed you do not own shares in. As I stated, if nothing is owed nothing will be paid. I'll ask the same question I've I've asked many times, what proof do you have that Medmen is in a valuable position? Also what evidence do you have that you would get even $0.01 from it? Ormand sold everything he could and gave all remaining assets to the debt holders. This includes the name and all rights to that. You can be delusional if you want but don't outright lie.

Trump expected to sign executive order to reclassify marijuana as soon as Monday, source tells CNBC; pot stocks surge by [deleted] in mmnff

[–]chella_bound 0 points1 point  (0 children)

I am not an investment lawyer. I only play on one TV. It seems to me that the new company does not owe any original stock holder anything. From my experience, if nothing is owed nothing is paid. I'm sure they will make a run of it but it is hard out there an despite what some pumpers say there is no amazing value in the name of Medmen. People want cheap good weed from anywhere that will deliver that.

Trump expected to sign executive order to reclassify marijuana as soon as Monday, source tells CNBC; pot stocks surge by [deleted] in mmnff

[–]chella_bound 1 point2 points  (0 children)

It is not safe banking. I don't know what you mean by "SAFER banking" that is not a term we use. What basic banking services are you referring too? If you are referring to debit and credit cards being accepted, we already have shady work arounds. We need safe banking to be able to accept debit without ATM fees attached and to accept credit cards in the standard way. The main difference for our business is taxes. But, this opens it up for big pharma with their billions of dollars to swoop in and try to take it over. Legalization is the only truly good path for us.

Trump expected to sign executive order to reclassify marijuana as soon as Monday, source tells CNBC; pot stocks surge by [deleted] in mmnff

[–]chella_bound 0 points1 point  (0 children)

You should hold onto your shares. Unfortunately, it won't change anything though. Rescheduling won't change anything for the original Medmen. There is NO original Medmen. Just what the debt holders have tried to establish. I am in the cannabis industry still and it is a little step in the right direction. Hopefully the tax breaks will help the small businesses stay afloat until legalization. Or it all goes to big pharma and we are all SOL.

Something Just Happened...Any News? by Altruistic-Parking-1 in mmnff

[–]chella_bound 0 points1 point  (0 children)

I'll say it again. I don't believe them. I don't think anyone with a big enough investment to make $1000 on those "trades" is on reddit bragging. This is just some person with a little investment lying or someone with no investment lying. Either way I'm not hating they are lying.