MedMen, a Los Angeles, CA-based management company for the legal marijuana industry, received an approximately $15m investment from global venture capital firm Cap-Meridian Ventures LTD (CMV).
The company will use the funds to continue to expand its presence in California on the heels of AB 243 and 266 (MMRSA) with a fully integrated presence.
Led by CEO Adam Bierman, MedMen is a management firm which supports businesses in navigating the complexities of entering the legal marijuana market.
The firm brings together expertise in areas—licensing, design, and management guiding businesses from completing state applications to managing the day-to-day operations of a mature business.
MedMen creates business plans, crop security, money management, taxes, hiring, branding, building design, and operations improvement.