A startup that runs marijuana dispensaries is America’s first $1 billion marijuana ‘unicorn’

4y
4m read
Summary

Chain stores have arrived in the legal marijuana industry — and it could be a billion-dollar idea. "When it all goes legal, people are going to buy their pot from a legal shop," Yi said. According to Mashable, a MedMen shop in West Hollywood served over 23,000 customers in January. Customers shop for marijuana edibles, vaporizers, and flower (the green stuff you smoke) around sleek wooden tables lined with iPads. Chain stores have arrived in the legal marijuana industry.MedMen, a retail company that runs marijuana dispensaries nationwide, was valued at $1 billion in a new funding round.Known as the Apple store for pot products, MedMen claims to elevate the marijuana retail experience with high design and excellent customer service.

Article Preview

Chain stores have arrived in the legal marijuana industry.MedMen, a retail company that runs marijuana dispensaries nationwide, was valued at $1 billion in a new funding round.Known as the Apple store for pot products, MedMen claims to elevate the marijuana retail experience with high design and excellent customer service.

Chain stores have arrived in the legal marijuana industry — and it could be a billion-dollar idea.

MedMen, a cannabis retail company that operates 11 marijuana dispensaries across California, New York, and Nevada, has sold a minority...

Read the full article @ Business Insider