LOS ANGELES–MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) today announced its expansion into Florida with the opening of a retail location in West Palm Beach at 539 Clematis Street. MedMen expects retail locations in Key West and Orlando to follow.
Florida is the third most populous state with a robust medical cannabis program serving over 200,000 qualified patients. Of the 15 new locations MedMen plans to open across the U.S. in 2019, 12 will be in Florida, where the Company is licensed for up to 35 retail locations.
“MedMen looks forward to serving Florida’s medical marijuana patients with a consistent, professional and elevated dispensary experience that is the hallmark of MedMen retail,” said Co-founder and Chief Executive Officer Adam Bierman.
MedMen will offer a selection of over 53 products, including MedMen’s own suite of in-house brands: [statemade], LuxLyte and MedMen that cater to specific patient needs.
Results from a recent MedMen survey revealed the need for patient cannabis education. In this survey of over 3,000 current and potential cannabis users conducted by quantitative research firm Smith Geiger, results showed Floridians are excited about the potential for cannabis in their state: 88 percent agree there are significant therapeutic benefits to cannabis and 75 percent believe cannabis has the potential to positively change lives. However, only 27 percent feel well educated regarding cannabis and more than 20 percent of potential buyers don’t feel sufficiently informed to choose the correct product in a dispensary. More than 10 percent of the sample was Florida residents.
“Our research shows many patients in Florida feel they need guidance when they walk into a dispensary. As we expand patient access to the benefits of cannabis, our goal is to help educate our customers before they buy,” said Nick Hansen, MedMen’s director of government affairs for the Florida region. “When a patient enters a MedMen store they will be immediately welcomed by highly-trained staff ready to answer every question and helping them find the best product for their needs.”
MedMen store associates undergo rigorous and comprehensive training. Additionally, MedMen employees immerse themselves in the local community by personally introducing the brand to local businesses and residents. The Company supports local and statewide community groups, such as The Chamber of Commerce of the Palm Beaches and Epilepsy Florida.
“Before day one, MedMen has already shown its commitment to the community and we’re thrilled to welcome them to West Palm Beach,” said Dennis Grady, chief executive officer of The Chamber of Commerce of the Palm Beaches. “Now that MedMen has opened its doors, patients in our community will have greater accessibility to the high-quality services and products that they deserve.”
MedMen’s 7,550 square-foot West Palm Beach location is located at 539 Clematis Street, West Palm Beach, FL 33401. Store hours are 8:00 a.m. – 9:00 p.m.
MedMen is the most recognizable cannabis retailer in the U.S. known for the high design aesthetic and welcoming environment of its iconic stores. It has received numerous awards, including being recognized as “Best Cannabis Dispensary” by West Hollywood Magazine and OC Weekly, a top-10 dispensary in Los Angeles by High Times, a top-10 store in New York by Chain Store Age, GreenState’s leading dispensary for “Excellence in Services,” and one of Green Entrepreneur’s 100 Cannabis Leaders in 2018. Additionally, MedMen was recognized for its positive economic impact in Clark County, Nevada, which declared October 8 as “MedMen Day.”
MedMen is a cannabis retailer with operations across the U.S. and flagship stores in Los Angeles, Las Vegas and New York. MedMen’s mission is to provide an unparalleled experience that invites the world to discover the remarkable benefits of cannabis because a world where cannabis is legal and regulated is a safer, healthier and happier world. Learn more at www.medmen.com.