Mexico's incoming government moves to legalize marijuana

Mexico's incoming government submitted a bill on Thursday to create a medical marijuana industry and allow its recreational use, part of a crime-fighting plan that would make Mexico one of the world's most populous countries to legalize the drug.

MedMen To Raise $120 Million In Bought Deal Financing

MedMen Enterprises Inc. (CSE:MMEN)(OTCQX: MMNFF), is pleased to announce that it has entered into a letter of engagement with Canaccord Genuity Corp. , under which Canaccord has agreed to purchase, as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters 17,648,000 units of the Company, on a "bought deal" basis pursuant to the filing of a short form prospectus, subject to all required regulatory approvals, at a price per Unit of $6.80 for gross proceeds of $120,006,400.