May 25, 2018
MedMen's location in downtown Los Angeles
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MedMen has received $37 million in gross cash proceeds for the sale of various businesses since Nov. 26.
Three senior executives of Culver City-based MedMen Enterprises Inc. have departed in recent weeks amid the backdrop of nearly 100 employees who have left the cannabis retailer since January, according to filings.
MedMen Enterprises Inc., a cannabis company based in Culver City, announced Dec. 24 it had agreed to acquire Chicago-based PharmaCann, doubling its reach to sell in a dozen states.
MedMen Enterprises, a Culver City-based cannabis investment and management firm, is on the verge of a public offering on the Canadian Stock Exchange, with a value north of $1.6 billion, according to a source familiar with the transaction.