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​MedMen raises $60 million for legal marijuana investment fund

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MedMen, a Culver City, California-based startup focused on legal cannabis businesses, said it has raised more than $60 million for its investment fund. In a filing Tuesday with the Securities and Exchange Commission, MedMen Opportunity Fund L.P., which launched in 2016, said it has reached $60 million out of the $100 million it is seeking. The fund aims to pursue strategic investments in “supply-constrained, high barrier to entry markets” and focus on diverse assets and geographies. It will…

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