MedMen Enterprises Inc. announced the execution and closing of definitive documentation for the previously announced amendments to the terms and conditions of the USD 78 million senior secured term loan (October 2018 Loan) with funds managed by Stable Road Capital and its affiliates (the “Term Loan Lenders”) and the closing of its previously announced USD 20 million offering of Class B Subordinate Voting Shares (“Equity Placement”). The amendments to the terms and conditions of the October 2018 Loan are consistent with the detail provided in the company’s press release on December 11, 2019. Additional amendments include the following: The Company may prepay without penalty, in whole or in part, at any time and from time to time, the amounts outstanding under the October 2018 Loan (on a non-revolving basis) upon 15 days’ notice. The new warrants issued to the Term Loan Lenders may be exercised at the election of their holders on a cash-less basis.