MedMen raises $60m

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MedMen Capital has raised $60 million to date for its MedMen Opportunity Fund, per a SEC filing. The Culver City-headquartered firm has set a $100 million target and began fundraising in 2016. The SEC filing did not disclose whether the capital raise constituted a final or interim close.

The fund will target venture capital opportunities in cannabis sectors in North America.