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Several cannabis companies are planning to go public this fall.
Matt Karnes, the founder of cannabis industry analytics firm GreenWave Advisors, said that based on his estimates of public sales and dispensary data, MedMen is outpacing the statewide average between $200,000 and $250,000 quarterly revenue per store.
Expect several more firms to list on stock exchanges this year.
MPX is expanding its footprint in several U.S. states.
Medical marijuana may be facing regulatory hurdles across the U.S., but the beauty brands see a future in cannabis too big to ignore.
With tens of millions of dollars in funding, Chicago-based Green Thumb Industries has joined the ranks as one of the larger of publicly traded companies in the budding cannabis space.