I hope part of their reasoning for doing this is that they foresee Illinois legalizing cannabis for adult use and not just medical. It's hard to believe that Michigan could actually beat them to it, which we'll find out next month.
“This acquisition brings the MedMen brand to yet another major stage,” said Bierman. “MedMen has established a presence in the primary markets of California, Nevada and New York. Our strategy has been to put our brand in high visibility commercial districts in popular locations like Beverly Hills, Manhattan, Las Vegas, and Oak Park, just outside Chicago, fits the mold perfectly.”
Read the whole story here.
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