MedMen
Trulieve’s dominance in Florida increases again as many firms come to a standstill
Florida medical marijuana juggernaut Trulieve has defied expert predictions, increasing its market share back above 50% a year after the state lifted its ban on smokable products and more competition flooded the market.
Coronavirus sparks marijuana retail workers to try unionizing in Illinois, Massachusetts
The COVID-19 crisis has accelerated unionization efforts at a handful of cannabis stores and dispensaries in Illinois and Massachusetts that, if successful, could result in thousands of dollars in added staffing costs for the multistate operators that own the establishments.
Investing in distressed marijuana businesses: Q&A with Trava Capital’s James Parker, former MedMen CFO
James Parker is no stranger to the marijuana industry or distressed-asset investing, and he’s aiming to combine both with a private equity firm he founded in December – California-based Trava Capital.
A former chief financial officer at MedMen, Parker made headlines in 2019 by suing the company for breach of contract.
Multistate cannabis operator MedMen’s Bierman steps down as CEO, gives up voting control
Adam Bierman, the flamboyant co-founder of once-high-flying cannabis retailer MedMen Enterprises, resigned as chief executive and surrendered his voting control.
Stock slump, layoffs and turning a cannabis company around: Q&A with MedMen CEO Adam Bierman
The new year always offers a chance for a fresh start, which is exactly what MedMen CEO Adam Bierman believes he needs.
Major cannabis firm MedMen slashes more than 190 jobs, unloads assets to bolster bottom line
MedMen, a Los Angeles-based multistate marijuana operator, announced it is laying off more than 190 employees to shore up its bottom line, joining a growing list of cannabis companies shedding workers amid falling MJ stock prices and a dearth of outside funding.
MedMen and PharmaCann terminate $682 million cannabis merger; MedMen CFO ousted
MedMen, a Los Angeles-based multistate marijuana operator, announced that its blockbuster acquisition of PharmaCann has been scuttled and that the company will focus on beefing up its retail operations in California and other states.