MedMen, The $1.7 Billion Weed Store, Goes Bust as Marijuana Gets Re-Up in America
Yo, peep this: MedMen Enterprises Inc. just straight-up declared bankruptcy, my dudes. They ain’t got no cash flow and can’t pay off their debts, according to the former CFO Amit Pandey. This Friday, they finally admitted defeat after a hot mess of retail closures, layoffs, legal battles, and drama with their top execs. It’s been a wild ride for the company once hailed as the ‘Apple store of weed.’
In a statement released on Friday, MedMen spilled the tea about their dire financial situation. They straight-up said they couldn’t meet their financial obligations and were about to get clapped by … Read more “MedMen, The $1.7 Billion Weed Store, Goes Bust as Marijuana Gets Re-Up in America”