New California cannabis venture from MedMen founders already bust

Key Points
  • A chain of licensed California cannabis shops founded by the original creators of MedMen has closed indefinitely after less than a year of operations.
  • Adam Bierman and Andrew Modlin, the original founders of MedMen, launched the new chain of stores in 2022.
  • The closure comes after the high-profile rise and fall of MedMen, a multistate operator in the cannabis industry.
  • The article mentions that readers can access the full 280-word article by logging in.

A small chain of licensed California cannabis shops that was launched in 2022 by the original founders of defunct multistate operator MedMen Enterprises has “closed indefinitely” after less than a year of operations, according to MJBizDaily.

Adam Bierman and Andrew Modlin, who oversaw the rise and fall of the high-profile MedMen, opened...

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