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MEDMEN FOUNDERS RETURN TO CANNABIZ

After an ignominious departure, chronicled at length in Politico, MedMen co-founders Adam Bierman and Andrew Modlin are working in cannabis again. MJBiz scoops that they’ve found a new professional home at Coastal Dispensary which holds licenses in SoCal and along the central coast.  

  • Coastal is co-owned by Josh Ginsberg who co-founded Denver chain Native Roots.
  • “It’s building the retail identity. I think it’s putting together the brand and stuff like that. They’re trying to grow and scale,” said a former Coastal contractor.
  • The reaction from industry professionals have been mixed. Some are outraged after they left MedMen in dire straights, others say Bierman and Modlin should be welcomed back.
  • MJBiz couldn’t reach them for comment.

Time to burn? Read all about it.