MedMen Announces It Is Entering Bankruptcy Proceedings

April 26, 2024, 9:29 PM UTC

MedMen Enterprises said it has entered bankruptcy proceedings.

  • CFO Amit Pandey and each director resigned effective immediately
  • MedMen unit MM CAN USA was placed into receivership in Los Angeles court to effectuate an orderly dissolution and liquidation of its California based assets

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To contact the reporter on this story:
Greg Chang in San Francisco at gchang1@bloomberg.net

To contact the editor responsible for this story:
Sunil Kesur at skesur@bloomberg.net

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