LOS ANGELES--(BUSINESS WIRE)--
MedMen Enterprises Inc. (“MedMen†or the “Companyâ€) (MMEN.CN) (MMNFF) (FSE:A2JM6N) today announced that the City of Pasadena has awarded the Company one of six commercial retail and delivery licenses (subject to obtaining properly zoned real estate and a Conditional Use Permit), further enhancing its industry-leading footprint. With the addition of Pasadena, MedMen now has a total of 14 retail licenses in California and 13 operational stores across the state.1
“As we continue to grow our footprint in the U.S., California remains our home base and the most strategic market in our industry today,†said Adam Bierman, MedMen co-founder and chief executive officer. “The City ran a very competitive process and we are honored to be among those chosen to operate in Pasadena. We look forward to becoming part of the community and offering good jobs, excellence in compliance and access to an elevated and safe cannabis shopping experience.â€
Elevated Retail Experience
MedMen is the most recognizable cannabis retailer in the U.S. known
for the high design aesthetic and welcoming environment of its
iconic stores. It has received numerous awards, including being
recognized as “Best Cannabis Dispensary†by West
Hollywood Magazine and OC Weekly, a top-10 dispensary in Los
Angeles by High Times, a top-10 store in New York by Chain Store
Age, GreenState’s leading dispensary for “Excellence in
Services,†and one of Green Entrepreneur’s 100 Cannabis
Leaders in 2018. Additionally, MedMen was recognized for its
positive economic impact in Clark County, Nevada, which declared
October 8 as “MedMen Day.â€
Operational Excellence
MedMen’s dedication to the customer experience extends to
excellence in compliance and retail operations. MedMen operates
under the strictest compliance standards and protocols in the
industry, and all employees complete an extensive training program
that equips them to educate and assist customers with a wide range
of needs.
Careers in Cannabis
MedMen is the largest cannabis company to partner with organized
labor in North America. MedMen retail employees in California and
New York are represented by the United Food and Commercial Workers
(UFCW) – the first bi-coastal cannabis union partnership. MedMen
Pasadena will enter into a Labor Peace Agreement with the
UFCW and provide its employees higher than minimum wage pay,
up to two-weeks of vacation, and a 40 percent employee discount,
among others. The Company also provides fully paid health benefits
for eligible employees, including those who work part-time.
SOURCE: MedMen Enterprises
1 Includes the pending acquisition of Long Beach retail license
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