MedMen Announces Board Changes

Author of the article: LOS ANGELES — MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a premier cannabis retailer with operations across the United States, today announced that David Hsu and Ed Record have been elected to the Company’s Board of Directors, effective immediately. Hsu is an expert in financial and operational…
MedMen Announces Board Changes

Author of the article:

LOS ANGELES — MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a premier cannabis retailer with operations across the United States, today announced that David Hsu and Ed Record have been elected to the Company’s Board of Directors, effective immediately.

Hsu is an expert in financial and operational turnarounds. Most recently he served as Chief Operating Officer of cannabis company Cronos Group, where he was responsible for international expansion, construction, cultivation and manufacturing. Prior to joining Cronos Group, Hsu spent more than a decade consulting with Deloitte and CRG Partners, a premier turnaround consulting firm, where he operated and managed distressed companies with revenues of more than $500 million.

Record has deep retail experience, overseeing financial and operational performance for several large national retailers. He previously served as the Chief Financial Officer for Hudson’s Bay Company. Before joining HBC, Record was Chief Financial Officer for J.C. Penney. Prior to J.C. Penney, Record held leadership positions at Stage Stores, Kohl’s and Belk.

“We are pleased to welcome David and Ed to MedMen’s Board,” said Executive Chairman Tom Lynch. “They bring a wealth of experience in financial and operational turnarounds that will be invaluable to MedMen as we continue to execute against our growth plan.”

Hsu and Record replace Albert Harrington, who had served on the Board since August 2020, and Nicole Christoff, who had served on the Board since May 2020, both of whom stepped down from the Board effective November 5, 2021.

Continued Lynch, “We thank Al and Niki for their dedication and guidance as members of MedMen’s Board, particularly during a period of significant transition and progress.”

ABOUT MEDMEN:

MedMen is a premier American cannabis retailer with an operational footprint in California, Nevada, Illinois, Arizona, Massachusetts, and Florida. MedMen offers a robust selection of high-quality products, including MedMen-owned brands MedMen Red and LuxLyte through its premium retail stores, proprietary delivery service, as well as curbside and in-store pickup. MedMen Buds, an industry-first loyalty program, provides exclusive access to promotions, product drops and content. MedMen believes that a world where cannabis is legal and regulated is safer, healthier, and happier. Learn more about MedMen at www.medmen.com .

View source version on businesswire.com: https://www.businesswire.com/news/home/20211108006189/en/

Contacts

MedMen Media Contact:

Lisa Weser, [email protected]

MedMen Investor Relations Contact:

Morry Brown, [email protected]

Financial Post Top Stories

Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.

By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300

Read More

Total
0
Shares
Leave a Reply

Your email address will not be published.

Related Posts
Rivian shares tumble below IPO price
Read More

Rivian shares tumble below IPO price

Author of the article: Shares of Rivian Automotive Inc fell below their IPO price of $78 for the first time on Thursday, alongside a broader selloff in electric vehicle stocks. Rivian’s shares, which were up during premarket hours, fell as much as 16.5% to $75.13. The drop also comes a day after one of Rivian’s…
Indigenous-led prospective buyer ‘not going away’ even as Trans Mountain costs spiral
Read More

Indigenous-led prospective buyer ‘not going away’ even as Trans Mountain costs spiral

Author of the article: The Canadian Press Amanda Stephenson Published Mar 17, 2023  •  Last updated 12 hours ago  •  3 minute read CALGARY — An Indigenous-led initiative is still pursuing ownership of the Trans Mountain pipeline, in spite of the project’s ballooning price tag. “We are not going away, just because it’s $30.9 billion. We…
Australia’s Burgundy purchases one of N.W.T.’s 3 diamond mines, giving new life to the troubled Ekati complex
Read More

Australia’s Burgundy purchases one of N.W.T.’s 3 diamond mines, giving new life to the troubled Ekati complex

Burgundy is paying US$136 million to assume control from Arctic Canadian Published Mar 16, 2023  •  Last updated 12 hours ago  •  3 minute read The Ekati diamond mine in Canada. Photo by Handout/BHP Billiton The Ekati complex, a star-crossed diamond mining operation in Northwest Territories, is getting a new life. Advertisement 2 This advertisement has…