By Alicia Wallace | CNN Business
Cannabis dispensary operator MedMen Enterprises had aspirations to be the biggest, most premium player in the emerging industry. It opened locations in Beverly Hills and on Manhattan’s Fifth Avenue and grew its name to the extent that it was even parodied on “South Park.”
But MedMen has fallen on hard times, fallen behind on payments to vendors and is working with a business advisory firm to settle its debts — including offering stock as payment.