Los Angeles (March 5, 2018) - MedMen Enterprises doubled its number of facilities and nearly quadrupled its workforce last year, the leading cannabis company reported in its2017 Annual Report.
As the company prepares to go public on the Canadian Stock Exchange in the second quarter, the report highlights MedMen's outsized growth. MedMen now manages 18 licensed cannabis facilities in three states and employs more than 700 people.
Other highlights include performance by one of the company's flagship retail store, MedMen West Hollywood, which saw a 350 percent increase in customer traffic and a 480 percent revenue growth from January 2017 to January 2018.
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MedMen Enterprises is the United States' preeminent cannabis company with multiple assets and operations in California, Nevada and New York. Combined, these key strategic states account for nearly half of North America's addressable legal market. MedMen owns and operates licensed cannabis facilities in cultivation, manufacturing and retail, and is the most recognized cannabis brand in the world today.