MedMen CEO Adam Bierman and a retail shop in West Hollywood MedMen Enterprises is taking on another $30 million in debt from Gotham Green Partners to continue its expansion across the country. Culver City-based MedMen announced the deal Wednesday, the Los Angeles Business Journal reported. The cash adds to $250 million in conditional debt that […]
It ain’t easy being green: MedMen cannabis startup in financial straits, report says
Medmen execs Adam Bierman, Andrew Modlin, and MedMen’s DTLA location As it opened up dispensaries across the country, MedMen has been the poster child for the fast-growing mainstream cannabis industry. But a new report suggests the Los Angeles-based startup could be running on fumes. Financial statements released last month showed that the company did not […]
Sweet green: Medmen scores $250M investment for cannabis retail buildout
Medmen CEO Adam Bierman and Medmen’s Downtown LA shop More green is pouring into the coffers of rapidly-growing cannabis operator MedMen Enterprises. The Culver City-based company just got a $250 million investment from Gotham Green Partners, which MedMen intends to use to help fund its national retail expansion. The news was announced in a release, […]