Green Sentry Holdings Completes Acquisition Of Medmen'S Florida Mmtc License And Assets

Green Sentry Holdings, LLC ("Green Sentry" or "the Company"), a Florida-based private cannabis operator, along with its parent company High End Holdings, LLC and MedMen Enterprises Inc ("MedMen") (CSE: MMEN) (OTCQX: MMNFF), a cannabis retailer with operations across the United States, today announced that they have completed their previously announced arrangement, whereby Green Sentry has acquired all of MedMen's Florida assets for a total consideration of $63 million plus the assumption of lease liabilities. The purchase was funded with the proceeds of a non-brokered equity raise and a $30 million debt facility from a private lender.