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Industries
Consumer Goods
Company Size
501-1,000
Company Stage
IPO
Headquarters
Culver City, California
Founded
2010
MedMen operates in the cannabis industry, providing a variety of high-quality cannabis products through both physical dispensaries and an online platform. Customers can visit their stores to browse and purchase items or order for delivery and curbside pickup, catering to different shopping preferences. MedMen's product range includes cannabis flower, vaporizers, edibles, topicals, pre-rolls, and CBD products, appealing to both recreational users and those seeking wellness solutions. The company distinguishes itself from competitors by focusing on customer education, offering resources on the benefits of cannabis and wellness tips, which helps build loyalty and trust. MedMen's goal is to enhance accessibility and convenience in the cannabis market while promoting informed consumption.
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Total Funding
$746.8M
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
Headquarters
Culver City, California
Founded
2010
Find jobs on Simplify and start your career today
Discover companies similar to MedMen