MedMen Enterprises Inc. announced that the Company agreed to license its trademarks in the state for a two-year period, subject to termination rights to Green Sentry Holdings LLC, for a quarterly revenue-based fee. The transaction is subject to customary closing conditions, including applicable regulatory approvals. The deal is expected to close in late April or early May 2022, pending the receipt of all required contractual consents and governmental approvals including the requisite change of ownership approval from the Florida Office of Medical Marijuana Use.