'I Dealt With Gangsters, Shakedowns, Loan Sharks And Government Corruption,' Says Entrepreneur Who Built The First Cannabis Unicorn
Portfolio Pulse from Jelena Martinovic
A new three-part series by Bungalow Media + Entertainment will explore the journey of Adam Bierman, co-founder of MedMen Enterprises Inc, the first American cannabis unicorn. The series is based on Bierman's upcoming book, detailing his experiences in the cannabis industry, including challenges with gangsters and government corruption. MedMen, founded in 2010, became a billion-dollar company but faced setbacks, including a failed acquisition and Bierman's departure in 2020. Bierman later won a $3.1 million arbitration settlement from MedMen in 2023.
September 26, 2024 | 5:24 pm
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MedMen Enterprises Inc, co-founded by Adam Bierman, was the first American cannabis unicorn. Despite its initial success, the company faced challenges, including a failed acquisition and Bierman's departure. Bierman later won a $3.1 million arbitration settlement from MedMen.
The article highlights MedMen's rise as a cannabis unicorn and subsequent challenges, including a failed acquisition and Bierman's departure. The arbitration settlement indicates ongoing legal and financial implications for the company.
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