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MedMen Completes Strategic Investment in Lowell Herb Co.

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Lowell Smokes sold in 250 top dispensaries across California

MedMen
Enterprises Inc
. ("MedMen" or the "Company") (CSE:MMEN) (OTCQB: MMNFF) and The Hacienda Company announced today that MedMen has
completed a strategic investment in The Hacienda Company, which owns
Lowell Herb Co. ("Lowell"), a California-based cannabis brand known for
its pack of pre-rolls called Lowell Smokes.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180725005213/en/

Lowell Smokes has established itself as one of the strongest cannabis
brand names in California founded on principles of organic quality,
responsible sourcing and community. Over 250 top dispensaries across the
state currently carry the Lowell brand. Its products have been seen on
"Jimmy Kimmel Live" and trending on social media, recently posted by
Bella Thorne, Chelsea Handler, Usher, Calvin Harris, N.O.R.E., Snoop
Dogg and Sarah Silverman.

"Lowell shares a similar vision with MedMen that recognizes cannabis as
a consumer product," said Adam Bierman, MedMen CEO and co-founder. "As
we continue to build and promote the MedMen retail experience, we
believe that investing in top cannabis consumer brands like Lowell
furthers our efforts to secure a loyal consumer base in this nascent
industry while delivering growth and long-term value to our
shareholders."

"This investment by Medmen represents the highest endorsement we could
receive within our industry. We look forward to the future of both of
our brands as we lead the movement behind cannabis as a consumer
product," said David Elias, Founder, CEO of The Hacienda Company.

ABOUT MEDMEN:

MedMen Enterprises is a cannabis company in the U.S. with assets and
operations nationwide. Based in Los Angeles, MedMen brings expertise and
capital to the cannabis industry and is one of the nation's largest
financial supporters of progressive marijuana laws. Visit http://www.medmen.com

ABOUT LOWELL HERB CO.:

Lowell Herb Co. is one of the fastest growing, most talked about
cannabis brands in California. Its signature product, Lowell Smokes, is
currently the number one selling pre-roll brand in California, available
in over 250 dispensaries and for delivery statewide through their
partnership with Eaze. Lowell cultivates, and sources flowers grown with
only organic fertilizer, never using synthetic pesticides. Vanity Fair
recently described Lowell as "The California family of farms that grows
organic cannabis for green-minded consumers who value premium goods and
sophisticated design." Lowell has been featured in major media outlets
including Newsweek, The New Yorker, High Times, NPR, Time Out LA, CBS
News, Huffington Post, and many others. Visit http://www.lowellsmokes.com/

Source: MedMen Enterprises

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