Now bankrupt, MedMen owes millions to other companies. Meet the cannabis CEO who called them out - News Summed Up

Now bankrupt, MedMen owes millions to other companies. Meet the cannabis CEO who called them out


Business MedMen’s fall shows the difficulties of the legal weed business Once hailed as the Apple store of cannabis, MedMen has shuttered many of its locations. MedMen’s fall has highlighted larger systemic struggles producers like Alexander face as they try to operate in California’s legal cannabis marketplace. The Times spoke with Alexander about MedMen and the cannabis industry at large. Can you speak more broadly about the challenges of running a legal cannabis company in California right now? It’s impossible for anyone to make enough money on legal cannabis right now.


Source: Los Angeles Times June 13, 2024 14:45 UTC



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