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MedMen to Own One of Thirteen Licenses in Florida, right to open 25 dispensaries Los Angeles – June 6, 2018 – MedMen Enterprises Inc. (CSE: MMEN) (“MedMen”), the country’s leading cultivator, producer and retailer of state-sanctioned cannabis, today announced that it has signed a definitive agreement (the “Agreement”) to acquire dispensary and cultivation assets from Florida based Treadwell Simpson Partnership and affiliates (“Treadwell Nursery”). As part of the transaction, MedMen will acquire Treadwell Nursery’s cultivation facility situated on 5 acres in Eustis, Florida and the right to open 25 medical marijuana dispensaries in the State of Florida. For nearly a decade we have been positioning ourselves to capitalize on enormous market opportunities like this. This acquisition is right in line with our strategy of establishing a presence early on in high potential markets with limited licenses and large populations. Florida is the third most populous state in the country with a medical marijuana market estimated to reach $1 billion in annual sales by 2020. MedMen to Acquire Florida Cannabis License for $53 Million

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