{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-002242","form_type":"8-K","ticker":null,"cik":"0001776932","company_name":"MedMen Enterprises, Inc.","filed_at":"2024-01-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.487283+00:00","generated_at":"2026-06-06T23:59:36.352401+00:00","sec_items":["2.01","7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"MedMen closes Arizona asset sale to Mint Cannabis for ~$14M; faces OTC downgrade and cease trade order","bullets":["Completed Arizona asset sale to Mint Cannabis affiliate for ~$14M cash; Nevada sale pending regulatory approval.","OTC Markets moved MedMen from OTCQB to OTC Expert Market for failure to file FY2023 10-K and Q1 2024 10-Q.","BCSC and Ontario Securities Commission issued cease trade order in Canada; trading prohibited except limited exception.","Cease trade order exemption: non-insider beneficial holders may sell on foreign regulated market through Canadian dealer.","CEO states divestiture of non-core operations allows optimization of go-forward operational footprint."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-002242","json":"https://secwatch.observer/filing/0001493152-24-002242.json","markdown":"https://secwatch.observer/filing/0001493152-24-002242.md","text":"https://secwatch.observer/filing/0001493152-24-002242.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1776932/000149315224002242/0001493152-24-002242-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1776932/000149315224002242/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T23:59:36.352401+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"38bdccd1ff2684338b18c2a7bf5ac5675baf3bb7","claim":"MedMen Enterprises, Inc. completed a disposition involving Retail Facilities Operations AZ, LLC (an affiliate of Mint Cannabis) for approximately $14 million, subject to certain adjustments (closed 2024-01-05).","evidence_excerpt":"5, 2024, the sale of the Arizona Assets was consummated pursuant to the Arizona Agreement. The total consideration received by the Company for the sale was approximately $14 million, subject to certain adjustments as set forth in the Arizona Agreement. The sale of the Nevada Assets is still pending subject to regulatory approval for completion. The foregoing","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1776932/000149315224002242/0001493152-24-002242-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Retail Facilities Operations AZ, LLC (an affiliate of Mint Cannabis)"},{"label":"Consideration","value":"approximately $14 million, subject to certain adjustments"},{"label":"Closing","value":"2024-01-05"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}