MedMen

Retailer of cannabis products and delivery

Culver City, California, United States

About MedMen

MedMen Enterprises operates in the cannabis industry, providing a variety of high-quality cannabis products through both physical dispensaries and online delivery services. Their product range includes cannabis flower, vaporizers, edibles, topicals, pre-rolls, and CBD products, catering to both medical and recreational users. Customers can shop in-store or order online for delivery or curbside pickup, enhancing convenience and accessibility. MedMen distinguishes itself from competitors by focusing on customer education, offering information on cannabis benefits and wellness tips, which helps build loyalty and trust. The company's goal is to create a comprehensive and informative shopping experience for cannabis consumers, making it a go-to source in the legal cannabis market.

Culver City, CaliforniaHeadquarters
2010Year Founded
$67.1MTotal Funding
IPOCompany Stage
Consumer GoodsIndustries
501-1,000Employees

Risks

MedMen's bankruptcy filing may lead to operational disruptions and investor confidence loss.
Leadership instability due to executive resignations could affect strategic alignment.
Closure of multiple retail locations indicates a contraction in market presence.

Differentiation

MedMen combines physical dispensaries with an online platform for diverse customer preferences.
The company offers a broad spectrum of cannabis products, attracting various market segments.
MedMen invests in customer education, enhancing loyalty and trust in the cannabis industry.

Upsides

Increased interest in cannabis wellness products can boost MedMen's product offerings.
Cannabis tourism trend offers partnership opportunities for curated cannabis experiences.
Cannabis consumption lounges provide a chance to diversify MedMen's retail model.

Funding

Total raised$67.12 M
Latest valuation$165.80 M
StageIPO
ACQUISITION
7/31/2021
$166
$165.80 M
PRIVATE PLACEMENT VC
2/28/2021
$16
POST IPO EQUITY
11/30/2019
$27
IPO
4/30/2018
$100
EARLY VC
1/31/2018
$38
$1.00 B
$15
$75.00 M