Type Private Area served Nationwide Founded 2010 | Industry Medical cannabis | |
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Headquarters Los Angeles, CA, United States Founders Adam Bierman, Andrew Modlin | ||
MedMen is a management services company and investment manager for the legal cannabis industry based in Los Angeles, CA. The firm was co-founded by Adam Bierman and Andrew Modlin in 2010. MedMen has business and investment interests throughout North America.
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Since its inception, MedMen has helped more than 100 businesses in the U.S. navigate the complexities of entering and succeeding in the legal marijuana market, from effectively completing state applications to managing the day-to-day operations of a mature business. In 2016, the firm launched MedMen Opportunity Fund, a $100 million private equity fund, and began deploying capital in several states and Canada.
Partnership With MedReleaf
In 2015, MedMen partnered with MedReleaf, Canada's largest producer and distributor of medical marijuana, opening opportunities for collaboration on product development and market penetration. MedMen shared its expertise on extraction, manufacturing, cultivation, product development, packaging and marketing. MedReleaf CEO Neil Closner joined MedMen's Board of Advisors at time.
Time Magazine
MedMen was featured in a Time Magazine article written by Eliza Gray titled Dope Dreams. The article spoke of the company's transition from Greek yogurt to medicinal marijuana.
Fortune
MedMen was named one of the five companies with the biggest buzz in the marijuana industry by Fortune. The article written by Tom Huddleston, Jr. was posted on the Fortune website on April 20, 2014.