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Industries
Consumer Goods
Company Size
501-1,000
Company Stage
IPO
Total Funding
$67.1M
Headquarters
Culver City, California
Founded
2010
MedMen Enterprises operates in the cannabis industry, providing a variety of high-quality cannabis products through both physical dispensaries and online delivery services. Their product range includes cannabis flower, vaporizers, edibles, topicals, pre-rolls, and CBD products, catering to both medical and recreational users. Customers can shop in-store or order online for delivery or curbside pickup, enhancing convenience and accessibility. MedMen distinguishes itself from competitors by focusing on customer education, offering information on the benefits of cannabis and wellness tips through their website and in-store experiences. The company's goal is to create a well-rounded experience for cannabis consumers, fostering loyalty and positioning itself as a trusted source in the market.
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Total Funding
$67.1M
Above
Industry Average
Funded Over
7 Rounds
A New York-based subsidiary of bankrupted marijuana multistate operator MedMen Enterprises is facing a lawsuit for failing to pay rent in the latest allegation against the troubled company.
On April 26, multi-state cannabis operator MedMen announced that it has filed for bankruptcy with the Canadian Bankruptcy and Insolvency Act, as of April 24.
MedMen also announced that its CFO, Amit Pandey, had resigned effective Feb. 13 and that each of its directors had resigned effective immediately prior to the commencement of its bankruptcy.
In the summer of 2018, MedMen opened a boutique cannabis dispensary on Abbot Kinney Boulevard in Venice - "the coolest block in America," as the company hyped in a news release at the time.
A year earlier, MedMen announced its plans to acquire PharmaCann for $682 million in an all-stock transaction.
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Industries
Consumer Goods
Company Size
501-1,000
Company Stage
IPO
Total Funding
$67.1M
Headquarters
Culver City, California
Founded
2010
Find jobs on Simplify and start your career today