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MedMen

CannabisUSAClosed 2024

Total Raised

$310M

Peak Valuation

$3.30B

Employees

1,000

Year Collapsed

2024

Business model

Multistate cannabis retail and cultivation operator, known for high-end, Apple Store-inspired dispensary design.

In brief

Became the most recognizable cannabis retail brand in America, expanding to nearly 30 stores across seven states with a deliberately upscale retail experience, and went public on the Canadian Securities Exchange at a multi-billion dollar valuation during the industry's early "gre…

See the What Happened tab for the full account.

Key facts

Founded
2010
Closed
2024
Headquarters
Culver City, USA
Industry
Cannabis
Employees
1,000
Revenue
$130M

Related failures

Often compared with: Curaleaf, Trulieve.